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Technology Stocks : Jimbo's Playhouse/CPQ

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To: Jimbo Cobb who wrote (862)4/30/1999 8:50:00 PM
From: Kenya AA  Read Replies (1) of 12662
 
Jimbo: NETP hasn't been out long enough to establish any real trend...it is still trying to find its way and form a bit of a base around high-20's, in my opinion.

If you buy NETP at $26 range, the chances are very good that you will double your money in the next 30 days.


I agree with your assessment of the situation, but I think the best buys will prove to be below 25. NETP is trying to find an "equilibrium" and that, IMO, will be closer to 25. This first base that than IPO makes is very important - it has got to be solid.

Which reminds me .... I don't remember if you have a position or not, but it's time to take another look at EPAY - RS 98 and A/D - A. It has formed a nice 6 week base. Good support around 47 or 50-day MVA.

K

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