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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: Anthony@Pacific who wrote (23691)3/24/1999 12:31:00 PM
From: gaj  Read Replies (1) of 122087
 
otex established a base of about 21-22 for a few weeks.
thus, i suspect people give that as its 'level'. i was long on it last week for that reason.

however, as anthony noted, there's no real bottom line added to otex - all momo play - and as people realise that, they're likely to bail. once it breaks its short term resistance of about 21, it's got a ways to fall; it ran up from high single digits to 30 when MINE had filed for the IPO, so once it breaks 21ish, it should fall to low teens.

- bob

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