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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Redhook who wrote (17257)7/15/1999 11:37:00 AM
From: AlienTech  Read Replies (3) | Respond to of 43080
 
Which way do you think NETA will move?
it cant seem to make up its mind @ 20



To: Redhook who wrote (17257)7/15/1999 11:39:00 AM
From: LastShadow  Respond to of 43080
 
Yes, MOT is capping its bailou effort and said they need other outside help, given that GE is setting up all its new engines to relay inflight data to the iridium network, nand that Gates, et al are heavily invested in it, I doubt serously they will let it go to bankruptcy or forced restructure. Lots of well-heeled folks out there and investor reaction was not one of major selling - the short squeeze the last time made for a nice pop, but this is a positional hold for now.

lastshadow