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Technology Stocks : Niku Corporation (NIKU)

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To: Lhn5 who wrote (27)4/20/2001 1:38:22 PM
From: David Howe   of 57
 
I thought they were going to hold back on the news until just prior to the Q results. Guess they are overflowing with good news and couldn't wait. <g>

Profit taking after this nice bounce might be in order, but I've decided to hang on to my entire position until at least the conference call (about 3 - 4 weeks away). And, at that point, I might let go of 1/3 of the shares, maybe less. My gut tells me that they will succeed in turning the corner to profitability and that this will become a long term hold with lots of room to run.

Taking profits on a 150% move in a few days is very tempting though. :)

IMO,
Dave
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