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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: James F. Hopkins who wrote (1756)8/1/1997 11:53:00 AM
From: James F. Hopkins   of 1836
 
GGITE has started bounce, now ask 13/16..maybe get at 3/4
GTCMY holding ask at 6-5/16 uping my bid to 6-1/8
VUPDA, and MOOV are joined at the hip, as VUPDA is offering 1.1
shares to MOOV in a merger, both of these are good value plays
below $4, just got MOOV at 3-13/16..got VUPDA yesterday at
3-3/4 and again at 3-11/16 these last two are off because of some
soft vidio titles recently, but that won't last. When they merge
VUPDA will have the power to over run Blockbuster, and capture
the lead position in vidio rentals, but I don't see her going
above 8.5 before 99..I do see $5 easy before this xmas.
Jim
PS
GGITE has good book and should hit 1.5 before too long.
GTCMY is the best gold play, and a hedge aginst a market sell
off, as well as a take over prospect. Barrik is making an offer.
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