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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: Matt Brown who wrote (2196)7/11/1999 10:32:00 PM
From: judge  Read Replies (1) | Respond to of 5041
 
Elnk.. seems simple.. stock always runs up to earnings.. expected buyout by dell doesn't hurt thing either. .good luck to all. j



To: Matt Brown who wrote (2196)7/12/1999 12:13:00 AM
From: gladman  Respond to of 5041
 
FM,

I'm still in ELNK and will sell in an orderly fashion Tuesday or Wednesday depending on the intraday timing of the report. After they report I may take another short term position as I believe they are in play for a takeout by GTW or FON.

NITE may be a gapper tomorrow depending on how 'informed' the public is after the weekend. I hate to say it but the reality is the masses, the herd, is truly uninformed and we must recognize this and use it to our advantage and more importantly not become victims of the HERD. I believe NITE is an excellent 7-8 day hold up to earnings. I'll determine entry based on the action tomorrow morning.

I'll report more on GNET tomorrow as quickly as I can, I have a trader who follows GNET closely. I believe initially there's still a 10 pt upside.

Dave