Joe Copia's daytrades/investments and thoughts Message Board

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

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To: Knitwit who wrote (6860)	7/31/1998 11:01:00 AM
From: Dave Gore	Read Replies (2) of 25711

Well, re: QTNT. The other big firm interested is Fred Meyer, known mostly on the west coast. Publicly traded company in the $50 range. I don't want to hype QTNT at all. While it is true we control virtually the whole float and there are long term investors in this as well as probably a very short position by the MM's, the fundamentals are what excite us. I don't know if a 100-400% gain over th next 6-18 months is enough for most people on SI. Everybody is looking for a home run and 98% are losing bad. Market Manipulation and bashing is at an all time high. Our group of guys finally decided to find a few good companies and put a lot of money into them, ride the ups and downs and eventually come out looking good. QTNT falls into that category....longer term investment. We think the worst case scenario is that they sell the company and we get a double on our stock investment. I think the stock will be at $4.00 a share in a year. But time will tell. It could go down before it goes up (although I doubt it with the news yesterday). WE like it...PM me or check the thread if interested. Their product is amazing. quicktent.net and watch the video HAPPY INVESTING Dave

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