AXXel still no interest in selling-FYI:
February 12, 2000
AXXel Knutson's Flash Recommendation:
Using, AXXel Knutson's
VTAR?
Copper Mountain [CMTN-70 3/4] OK move, I guess?new trading range $58 5/8 - 75
["Volume Trade Analysis Research"?]
"Manage the risk?the profits will take care of themselves"
"In this business, being right is not as important as making money?consistently, and one of primary tenets of the quest is the avoidance of the 'obvious risk'"
From AXXel Knutson,
EVP & Director, Institutional Equity Research &
Registered Representative Series 7 & Series 24
www.tradingweapon.com
A premium investor service of & securities provided through
Platinum Equities, Inc.
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Email: axxel@blast.net or tradingweapon@aol.com
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Trading Engine? VTAR? [Volume Trade Analysis Research?]
Trade and service marked by and owned by Axxel Knutson and is licensed to Platinum Equities, Inc. under revocable license. ¸ 1999 all rights reserved, Axxel Knutson
[Chart is courtesy of R.W. Mansfield-see below for additional information]
EXPECT AND RELISH PRICE VIOLENCE
Copper Mountain "1.31.00: [CMTN-49 15/16] we continue to rate CMTN a "Strong Buy" and have re-iterated that opinion to the media. The purchase of OnPrem Networks expands CMTN's offerings in the multi-tenant market and is important because of the potential of volume business that this can bring to Copper Mountain. What is even more important is the acquisition of talented technical personnel that can propel CMTN's expertise into this important MTU ["Multi-Tenant Unit"] market. Prior to the announcement, CMTN was headed to a move beyond the $67 « high. This announcement has given us one more opportunity to acquire stock in the fifties and we even have a minor break into the forties with this move today. Use this period to add to positions at current levels. CMTN is one of our "Core 2,000 stocks."
2.12.00: With the recent move to $78, CMTN may take a rest and that means price deterioration and diminishing activity. THAT IS WHAT WE WANT. Traders, of course, may exit whenever they want, but we caution that sales at higher prices should, in our view, be replaced as the stock consolidates. Our best guess is that CMTN will wander in the 60's and there is a potential of a break [about a 20% chance] of $60. We suggest accumulation of CMTN in the 60's and aggressive purchase upon a break of $60. But, we also think that is quite capable of simply inching back toward the $79 number and attempting triple digits.
Axxel Knutson, Director of Research
"AXXel Hands-On Accounts"
In response to inquiries relative to opening securities accounts handled directly by AXXel Knutson, here is the deal: Accounts are handled directly by Knutson and the basic charge is a commission on transactions of 1% of the transaction amount in and the same going out. There are no additional investment management fees and there is no sharing of profits or losses. Client-selected stocks may not enter the account unless approved by AXXel and this is not a likely occurrence. The minimum account accepted is $100,000 and this minimum will increase in 2000. Sob stories are listened to for amounts under $100k but rarely accepted unless AXXel is in the mood. These accounts tend to be trading accounts so don't even ask if you can't stand the activity. AXXel does not personally trade in the same stocks as clients or those written about in his newsletters or spoken about in media appearances although Platinum Equities and its officers may take and have positions although they receive no advance notice of new recommendations or changes in opinion. Those interested in additional information may call at 800-696-9002 or email AXXel at axxel@blast.net. There are no investment management fees and no sharing of profits/losses. We do not deal in BB stocks [with the exception of some ADR's] or any stocks in which Platinum makes a market or has any corporate finance affiliation. Refreshing, isn't it?
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New York City
DISCLAIMER
Investment decisions should not be based solely on our proprietary indicators, which are intended as an adjunct to your additional analysis. Please accept these comments as market commentary. We do not intend these comments to replace detailed fundamental analysis. We urge you to accomplish that additional research via your contacts on the Internet or through a trusted financial advisor. If you want additional information, we will give it upon your request.
This report has been prepared from original sources and company data we believe to be reliable, but we make no representation as to its accuracy or completeness. This report is published solely for information purposes. It is not to be construed either as an offer to buy or sell or the solicitation of an offer to buy or sell any security or the provision of or an offer to provide investment services in any state where such an offer, solicitation or provision would be illegal. Any opinions expressed herein are statements of our judgement on this date and are subject to change without notice and we may not update that change to you. Platinum Equities, Inc., its affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold, or sell a position in the securities mentioned herein.
The author of this report, Axxel Knutson, does not invest in any of the securities mentioned in this report nor does his immediate family unless such securities are included in mutual funds or index options. Equity investment involves risk of capital loss. We recommend that your portfolio be diversified by company size, industry group, geographic region and by currency.
It should not be assumed that future selections will be profitable or will equal the performance of past selections. Securities listed herein illustrate selections made using proprietary indicators know as VTAR? [Volume Trade Analysis Research?]. These names, VTAR?, Trading Engine?, tradingengine.com?, Volume Trade Analysis Research?, are servicemarks/trademarks of AXXel Knutson and are given under revocable license to Platinum Equities, Inc. ¸ 1999, All rights reserved, Axxel Knutson and Platinum Equities, Inc. Diversify. Got it?
All recommendations and commentary are directed toward sophisticated, aggressive traders who have significant experience trading in a volatile market and who possess the financial resources to risk a loss of some or all of their invested funds. Commissions, and if you use margin, interest charges will lessen any return on investment. VTAR [Volume Trade Analysis Research] centers on the proprietary analysis of trading volume, price, fundamental analysis, beta concerns, group rotation and detailed analysis of risk as it relates to
entry and exit points in highly liquid stocks. |
