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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?


To: William Griffin who wrote (783)6/19/1999 1:10:00 PM
From: Ken Whiteside  Read Replies (1) | Respond to of 954
 
BRKT is top of my short list. If it pops at all Monday, I'll short. It will be a while till IPO. These backdoors fall off after announcement, over the month or longer period till IPO, then come back to nearly the price it topped out when announced the week of IPO, then they fall back to reality. If you've got 1900 shares, be smart and take profit, then get back in low and be smart again by taking profit before day of IPO.

This is an especially solid path to take with the market as volitile as it has been. You can count on the market getting hammered before the IPO comes out. So being short is a winner. When everyone else is crying, you'll be doing the hampsterdance.com

You want to survice Y2k, your portfolio better not be counting on just upswings, because real or not, there will be panic!

Ken . . .