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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Grandk who wrote (38527)12/5/1999 6:56:00 PM
From: Jack Hartmann  Read Replies (1) of 108040
 
No, I was saying ADSP in August was perceived to be a Linux sympathy play with the RHAT IPO. NTPL is viewed the same way and I agree. I just don't see ACOM being as strong as RHAT, therefore the sympathy play will not be as strong.

If the NTPL continued up Friday to the close, I would agree that it would gap up Monday. NTPL looked like peaked at 1030-1100 around $7.75 and dropped to $6-6.50 at 1115 where it traded the rest of the day. This drop bothers me as the momomentum flatlined. If it can't break $8, it may stay at the $6 range or dwindle to $5. Kimberly Lee's posts seems to have cause the initial surge at the time of the post. The VONE chart may be an indicator of NPTL's future trading pattern.
siliconinvestor.com
The same tone of posts regarding NTPL seem to be very similar to VONE.
I see NTPL as a short term momometum play due to surge in Friday's volume. I don't see it as a stock people will hold for months. I hope it does well and everyone takes profits. I'll be sitting on the sidelines watching. I don't short it nor will I buy ACOM if it opens at $50 either. Perhaps Kimberly could shed some light on her exit target for NTPL. I'm sure she posted it, but I missed it along the way. Good luck.
Jack

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