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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Silicon Trader who wrote (6856)7/31/1998 1:46:00 AM
From: Dave Gore  Read Replies (3) of 25711
 
NEWS OUT: QTNT : $1 million financing package secured. Just what the doctor ordered.

RECAP: float approx. 350K (mm's may be very short)
BUYING: way more buys than sells few trading sessions (about 280K buys to 80K sells), but price is actually lower; mm's games; investors may control most all of the float
PRICE: at 80 cents is at the same price it was in Dec. 97 before they had produced or sold any tents. High was $3.75

************* News (see QTNT thread for whole release) ****
Received their $1 million in financing to immediately order 3 more containers (about 9,000) tents)

Other good news (not mentioned in release): they are checking into selling some of their $5,000,0000 in pre-paid TV advertising to ramp up production even more. Hey, they don't have a demand problem...demand is strong...they need to ramp up production.

So the big hurdle to more immediate success is hopefully overcome.

FOR DD see:
Message 4817024

Dave

************* News (see QTNT thread for whole release) ****
Received their $1 million in financing to immediately order 3 more containers (about 9,000) tents)

Other good news (not mentioned in release): they are checking into selling some of their $5,000,0000 in pre-paid TV advertising to ramp up production even more. Hey, they don't have a demand problem...demand is strong...they need to ramp up production.

So the big hurdle to more immediate success is hopefully overcome.

FOR DD see:
Message 4817024

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