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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: MaryinRed who wrote (26353)4/2/1999 9:37:00 AM
From: TripleT  Read Replies (1) of 122087
 
<NAVR> Mary, The run-up is in anticipation of a spin-off IPO of NetRadio. No one knows the date, but the Day Trader group headed by Cheetah has had them on the calendar for a couple of weeks and they have been very active the last few days in anticipation of the IPO. Look at the charts on DBCC and their spin-off MKTW for their reasoning. They figure stock could go to $40 and in fact, it should spike. The only fly in the ointment is that if the IPO announcement is delayed, the stock could drop and then spike.

How to Play??? Anyone?

Techie the Third
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