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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (24902)4/28/2000 8:39:00 AM
From: Rock_nj  Read Replies (1) of 57584
 
INTA might be a good position play here. It's well off it's highs in the 14s from earlier in the year. It seems to be finding support in the 4s. As far as I know, they are still planning on IPOing the mamma.com search engine this year. INTA owns 69% of mamma.com. If they IPO mamma.com INTA might have a decent parent company/backdoor move. INTA has earnings today, so it might be active. Perhaps we'll learn more about their plans for mamma.com from the earnings release.

Just wanted to throw it out to the thread. There are slim pickings in the position play world these days. I'm very nervous about the direction of the market with interest rates on the rise and inflation starting to show up in the numbers.
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