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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Junkyardawg who wrote (52426)9/15/2000 6:15:11 PM
From: Logain Ablar  Read Replies (1) of 63513
 
dawg

MSFT is in with VERT so I don't see the tie in with CMRC but I'm always the last to know.

Wth all the accumulation that went on over the past 3 weeks I'd expect the funds & trading houses to be positioned. We would need an upgrade or two but once we consolidate I can see the stock moving to the 90's. Will this happen next week? I hope so. I expect this stock to be one of my few long term holds (unless momentum mania brings it to a level I can't resist selling @ & if the market is bad, I can sell quickly)

This is a WAG and is dependent on a good market (notice how well its held up in a bad market over the last 2 weeks) but even the 90's depends on news. The SAP announcements (spread out of course) will help but you don't announce a deal until you've got the agreement. If it stays and consolidates between $66 and $78 for a couple of more weeks I'll still be fine.

Normally marketing departments have deadlines to have something to announce at these events. It helps build momentum in gaining customers and clients.

I did pick this as the 100% gainer in a month but since we've had a 40% gain in 3 weeks I'll be happy with a 50% gain from here b/4 earnings.

To show my confidence I purchased ENTU instead of adding to CMRC this week <gg>

Tim
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