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To: oilbabe who wrote (2262)7/12/1999 2:59:00 PM
From: vestor  Read Replies (1) | Respond to of 10027
 
Soley based on FA it would seem that to buy here is reasonable.... strong earnings and revenue growth... a leader in its industry.... Is this nervousness due to earnings?.... Of all the internet realted I've looked at this one has the best numbers and prospects going forward..... they are well connected to the bkge industry and appear to have quite a future.... an investment radio talk show recently rated them strong buy and they tend to be conservative..... Am I failing to see those aspects I should worry about?



To: oilbabe who wrote (2262)7/12/1999 3:23:00 PM
From: Joseph Silent  Respond to of 10027
 
Oilbabe.....

Thanks. I don't have Level II, so I'm just guessing.

Can you tell me if there are a lot of sell orders
waiting in the wings between 50 and 55?

Many thanks,

Joseph



To: oilbabe who wrote (2262)7/12/1999 6:59:00 PM
From: Joseph Silent  Read Replies (1) | Respond to of 10027
 
Oilbabe.....

I took your suggestion.

I started my first position today around 55-5/8. We don't
know if there is more downside, but I'm prepared to see 50.
I don't believe it will get much worse, because this stock
has been through the wringer recently. I can't help feeling
now that all the news is almost (if not already) accounted
for in the price.

But still, there is that CPI and PPI stuff to contend with.
We are being lumped together with the OLBs and the Financial
sector after all. I wonder how much the new index stuff
affects us. Given that we've waited so long, we may as well
sit through Friday and see what Monday has in store.

I recall someone saying that the stock took off only AFTER
earnns last quarter. Is that right?

Thanks, Joseph



To: oilbabe who wrote (2262)7/13/1999 12:18:00 AM
From: Joseph Silent  Read Replies (2) | Respond to of 10027
 
Let me also add......

That NITE (according to stock tables) was under accumulation
today (I believe "B" in IBD-notation). This is up from
yesterday. By how much, I do not know.

Price goes down, but accumulation up.

I wonder what that can suggest? :)

Joseph