Korea Thrunet Co Ltd - (KOREA) Message Board

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Technology Stocks : Korea Thrunet Co Ltd - (KOREA)

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To: mact who wrote (256)	1/22/2000 10:27:00 PM
From: Jack Hartmann	Read Replies (1) of 406

Mact, Your contribution is duly noted for the record. Note that KOREA in the past went from $40 to $60 in late November only two trading sessions. It has been in a narrowing consolidation since hitting $85 and dropping to $55. As the trading range tightens over a long period of weeks, the more explosive movements generally occurs. The direction is always questionable, but my money is on a sharp break to the upside similar to MTSN and RFMD ala few weeks ago. It takes patience to wait out a 5-10 week consolidation period, but if you're out when it busts upwards the cost will be higher to get back in. I'm not making money either right now, but the subscriber growth numbers for this ISP in a jumping Asian country are too hot to ignore. Jack

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