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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.19+1.3%Nov 26 3:59 PM EST

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To: HELEN DEVRIES who wrote (2219)12/17/1998 12:25:00 AM
From: Trader J  Read Replies (1) of 56535
 
Helen: If this were in any other sector right now, I would not even consider reentering. They have virtually no cash, declining revenue, difficult technology, probably up to their ears in debt ....... but it is starting to get noticed it looks like.

Good volume today but I would be very careful. This thing could blow much higher, as many worse off stocks have. But there is nothing compelling here that I see that says they will. They are very overpriced......but they ARE in the right sector right now. If you do reenter, and it turns against you, do not wait to sell. Sell immediately. At that price, you can always get back in relatively cheap.

Good luck

TJ
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