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Strategies & Market Trends : Rande Is . . . HOME

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To: howto who wrote (4736)	3/30/1999 10:49:00 AM
From: Rande Is	Read Replies (3) of 57584

Howard and all. . .On CDNW. . . I wish I knew why this stock has not yet been embraced by Wall Street. It was easy to explain when they were merging, that it was being heavily shorted by the arbitrage community. But now that the merger is complete and NTKI is being digested into CDNW, there SHOULDN'T be the same downward pressure that was there before. By releasing this pressure, it should begin rising on the smallest news. It took a hit when the market took a hit, but didn't recover when the market recovered. . .this is symptomatic of the weak broader market. As for "what is going on" . . other than just current market conditions, I really don't have anything further to share. But speaking of 17 dollar stocks, there is one with lots of news out today that I think could make a great old-fashioned position trade based mostly on recent developments. . .it is IDTC. It is SAM so that everyone that reads this thread has plenty of time to read news and do DD without price running away. We will keep this here at HOME. Thanks, Rande Is

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