Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

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To: CatLady who wrote (1874)	10/14/1998 9:53:00 PM
From: nokomis	Read Replies (2) of 39683

NCT was victim of shorts for the first time since its inception...market can't buy into this success story because they don't understand it. It's amazing how NCT gets classified with the banks and hence suffers the downdraft intrinsic with traditional financial institutions. Insiders own a disproportionate amount of shares, all in their 40's, brilliant business people. They work 24 hours a day and hustle the globe. They always deliver good numbers and when their stock is under pressure, they clarify their business strategy for the analysts via cc (as they did last week). If you've ever listened in on one of their earnings briefings, you will know that Steve Hudson (CEO) has the backing and respect of institutional investors. I could go on...but suffice to say the bleeding has stopped and Oct. 23 will be a day to give thanks.

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