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Technology Stocks : New Era of Networks (NEON) -- Ignore unavailable to you. Want to Upgrade?


To: John Solder who wrote (688)7/15/1999 12:02:00 AM
From: Wealthy1  Read Replies (1) | Respond to of 1222
 
I thought we had very good indicators today. THe volume was strong, and we had a great gain over yesterdays close. I agree we have bottomed out here, and we are seeing support for the stock. It looks like there was buyers on the fence waiting for the stock to flatten in price or uptick, and I think we will see continued buying here.

I bought in another 1600 shares today just over 17, and picked up 2000 just over 19 last week. There is no doubt in my mind we will see mid twenties on this stock within a month or two, perhaps even sooner depending on both information from the company, and earnings due out later next week.

This is a young company, only 3 years old, who made the mistake of over-estimating, instead of underestimating their numbers, and they paid heavily for it. I guarantee they will from now on estimate a lower number than they actually expect. Great opportunity here. jmo