Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Northern Cougar who wrote (33611)	4/14/1999 11:01:00 AM
From: Jim Spitz	Read Replies (2) of 120523

FLBK what made this treacherous trading today was NOT MMs. It was that daytraders jumped in on a stock which should have been left alone. They jumped in yesterday because of a PR which said the bank was offering full internet banking. This was so they could compete with other local / regional banks, like Union bank. Not so they could compete with NTBK. I heard that even FLBK CEO was shorting at the close yesterday. He couldn't believe it! Still a good short even in High teens. Will probably go back to under $10 in a few days, as people realize their mistakes. for more info see A@Ps thread. Stay in the Black! jimS

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