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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: xcr600 who wrote (713)5/18/1999 9:59:00 PM
From: Rajiv  Read Replies (1) of 954
 
x, I am not so sure that the high for the day will be at the open (assuming it does not gap up a huge amount). It should make a serious bid at the 52 week high (around 35) tomorrow. The daytraders will probably jump all over it.

The softbank part is probably factored in the stock price. The AOL/GE part is probably not factored in. This is unlike NAVR where a major part of the NetRadio effect has been factored in the stock price for a long time.

The softbank/GE/AOL investments are more strategic investments than pure venture capital. This is a potential source of mega-hype.

I will probably be shorting sometime soon (probably late tomorrow or Thursday) depending on where and how IDTC trades.

Regards.
Rajiv
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