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Technology Stocks : NTOY ($7) >> Netoy.Com, Corp > www.netoy.com > Next Etoys

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To: marvin smith who wrote (12)5/19/1999 4:58:00 PM
From: WallStreetTips  Read Replies (1) of 24
 
NTOY >>> Reply to Marvin

NTOY stock has seen some strength in last few sessions and it could be mostly due to the fact the E-Toys IPO is coming out. My guess is E-Toys will trade above $50 and so those who can't get/afford E-Toys are buying NTOY which could run to $15.
NTOY is a small but very professionally managed company in my opinion. I have heard from IR that they have plans for Nasdaq listing soon.
The block buying/selling in last 2 days, I am not sure but I would fully doubt if the acquired company would have the luxury to sell immediately. Normally there would be atleast 12 months hold period.
I am not sure who is doing all the buys/sells but appears like some knowledgeable circles are accumulating slowly.

Just my views.
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