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Technology Stocks : NOPT: Northeast Optic Network, Inc -- Ignore unavailable to you. Want to Upgrade?


To: Caxton Rhodes who wrote (473)8/3/1999 10:32:00 AM
From: J.Y. Wang  Read Replies (1) | Respond to of 708
 
If the relationship between the Gilders can be proven, it will just be icing on the cake.

If there is no relationship, NOPT will go down to at least 25.

If a relationship can be proven, NOPT will go back down to 15.

It's over for NOPT. It has tried to run several times this past week. Every time longs took it as a selling opportunity and/or shorts shorted the crap out of it.

Unless you are in it for the long haul (at which point you would have been a fool to add to your position at 35+), longs should pull out.