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Technology Stocks : INTERPHASE(INPH): Good future for this stock

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To: John F. Dowd who wrote (343)11/20/1999 3:27:00 PM
From: Walk Softly  Read Replies (1) of 825
 
JWD if I owned 8M shares (for real?) I'd be feelin' queezy also.... you're just kiddin'... right? This type of commitment should be reserved for mutual funds... You seem like a sharp individual but you got me wondering how'd 'ja make it in the first place if your this foolhardy... just kidding, but as a designated trader I've traded for several deep pockets that always had much more money than horse sense.... I was often asked to take positions based on golf course repartee... which sadly always seemed to end in the latrine... and, had me asking, "How'd George make it in the first place...."?

Anyhow... recent action is little more than a retracement to 32 from where it gapped a week ago Friday (a very typical technical action, not to be feared, but anticipated)... a little earlier JNIC had had a stellar introduction from 30 to 112 as an IPO.... INPH was considered the undiscoved meteor of the group and caught the tailwind... since then JNIC has been basing and INPH needed a rest.... Have no fear.... INPH will be back..... the charts of this group are mixed right now (some moving.. some back'n 'n fillin') but all in bullish uptrend.... be patient.... give it a few days consolidation here.... and, if Mr. Market cooperates (which seasonality predicts it will), INPH will be off to new highs... on a fundamental basis, INPH is worth conservatively twice what JNIC is (yet JNIC trades for >2*INPH)... ahhh... the magic of an IPO.....

good luck... and if ever investing a small fortune, you'll sleep better with mutual funds..... than a single mega position.... and you won't find yourself seeking wisdom on a public bulletin board..

ES
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