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: DOC who wrote (9821)	11/13/1998 12:45:00 PM
From: musicguy	Read Replies (2) of 25711

Just a note to ALL- ITEX sinking..... this is why: Yesterday thousands of people (maybe Doc included) bought ITEX based on this news "Nov 12, 1998 (Tech Web - CMP via COMTEX) -- Intel has taken an equity investment in a spin-off of Taiwan's United Microelectronics called Integrated Telecom Express (ITeX), a company that is developing and shipping a line chips for the booming DSL market. " There is just one problem - that is not ITEX.... Doc speaks of rumored news (as usual) but this news item is responsible. Looks like everyone who bought yesterday is selling today. ITEX is a good play, but not just yet.... don't buy Doc's shares... MG

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