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Technology Stocks : HAUP - Hauppauge Digital
HAUP 0.01390.0%Oct 21 2:34 PM EST

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To: Buoy12 who wrote (546)5/22/1999 10:42:00 PM
From: genejockey  Read Replies (3) of 1149
 
Hey Wolverine,

These longs don't get it... HAUP didn't make a new product and run up due to that. It ran up due to a PR piece documenting the state of affairs at the company and due to a dull trading day that made momo players jump on HAUP. What investor is going to buy at 27 when the same company was available at 12 on Thursday? All the momo players already bought Friday for "the gappo", investors won't touch the company here as they could've had it at 12 and long time holders of this stock (who must've got the shock of their life Friday when they came home from work) will be more than anxious to unload for a 120% profit come Monday. No buying + lotsa selling Mon. AM. Cheers--- Not Howie/genejockey/PSU alum
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