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Technology Stocks : Netro Corp - (NTRO)

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To: lazarre who wrote (518)11/5/1999 4:10:00 PM
From: Mark Oliver   of 792
 
It would seem the greatest problem this stock has is the cat and mouse game being played by some big investors who are driving the stock down and then building it up, only to dump again. Once we break out of their high end dump cycle we should see a nice gain, but how to break their grip?

Looks like 22-24 range is their bottom and they take it up to high 20's or low 30's to dump their position. Lets hope next time, they get fearful that this one will run away without them if they sell.

Seems like the Telligent news is very favorable. This extra $500 million will go to buying equipment. I suppose contracts with Lucent's name on them don't exactly translate well to mean great gains for Netro. This sector is starting to get more and more press and there will be new investors seeking out equipment vendors eventually.

Regards,

Mark
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