Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 176.58

+0.2%

11:50 AM EST

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To: Bruce Denney who wrote (9352)	2/18/1999 8:05:00 PM
From: Trader J	Read Replies (3) of 56535

Bruce: NAVR - Firstly, welcome to the thread. Glad to have you here. I like NAVR very much here, but if you have followed the thread, you probably know that. I came very, very close to picking some up this AM at 13 1/4. Chose to wait out the market first. But anywhere in this range is decent. I think they have a downside of, realistically, 9-10 now if the Inet sell-off continues, but their upsdie is potentially 3x current value if the planets align just right (based on other similar plays). You just never know though as it is an Inet stock and it will dance or collapse with the Inets. I think we have hit a short term bottom here and I don't see much sell-off remaining. If you are willing to wait out the news, I think NAVR will pay off for us. I just don't care for management's recent history of constant delays. They do not seem to be able to execute their strategies very well, and in this market, delays could be deadly. Therein lies the risk. Tj

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