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Strategies & Market Trends : Sharck Soup

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To: Dave Gore who wrote (26163)6/6/2001 10:13:50 AM
From: Dave Gore  Read Replies (1) of 37746
 
MFNX printing $5.60 - money flow very positive all day; it will be interesting to see if people from yesterday take profits at some point or this continues to run steadily higher. This contract is such a long term one (20 yrs. with Deutsche Telecom) it may give people "warm and fuzzies" that the company has turned the corner? Could be. Do your own DD. I am not sure whether this is a mo-mo play or a longer term one, quite frankly. Will do more DD and consider holding overnight or even much longer.
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