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Technology Stocks : Stock Swap

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To: Tech Master who wrote (16393)4/25/1999 7:31:00 PM
From: Steven Messina,L.M.T.  Read Replies (1) of 17305
 
>>>Did Asensio take a bath on NSOL?<<<<

No...more like he excreted nitrogenous waste on them.

biz.yahoo.com

I concur (big word for such a small Boi) that Asensio picked on the wrong co. As we all know, Asensio is an admitted short seller of "grossly overvalued companies"...dunno why he went after NSOL..bad move in my, dare I say it, humble opinion.

Recent PR's lean toward the side NSOL is undervalued at the current level and analysts state the company should be trading well above $100/sh.

Here's a tidbit:

In a research note, J.P. Morgan analyst Raimundo Archibold wrote, "Network Solutions will maintain its dominant position in the domain name registration market for the foreseeable future on the strength of its established distribution channels. We expect new entrants to capture a portion of the registrar market through various [business models], but [they] will have difficulty in attracting significant scale due to channel and branding strategy difficulties."

Let the Analyst upgrades flow in....I got some bills to pay.

Long NSOL...and short of cash,

Boi
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