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Strategies & Market Trends : Trader J's Inner Circle
NVDA 178.82-2.7%12:51 PM EST

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To: Triffin who wrote (4977)1/18/1999 5:01:00 PM
From: Gordon Gekko  Read Replies (2) of 56535
 
Tough call.

I don't think MMPT will get a huge run up like MKTW did. It will probably run to the $60-80 range. Using those figures we get an additional $7.5 to $10 in price on top of a reasonable TNO base of $25. This assumes that 12.4% figure remains constant. It obviously will not. I expect some movement next week and possibly some upward momentum after the IPO starts trading.

It is too early to tell how exactly TNO will react.

GG
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