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Strategies & Market Trends : APMP (formerly APM)
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To: Jacky AY who wrote (10638)4/13/1998 3:05:00 AM
From: Rudy  Read Replies (1) of 13456
 
*** 1 STOCK 1 WEEK ***

My pick is NTBK long at the Monday's open. I debated SEEK again too but I like the change. Now the reasons:

1. I love NTBK's business. Internet savings bank. Low costs, low capital need, low maintanence, low, low, low in a high profit business!!! Have real customers already.

2. Expected to make 30 cents this year and triple that to 98 cents next year!!!

3. Last two months price doubled however momentum is there. It made a short pullback last week and I think this is a great opportunity to take advantage of this temporary weakness. Volume shrank during pullback, a good sign.

4. Long term trend up, short term down, great timing.

Let's see if I am right.

Riches to all.
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