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Technology Stocks : Net2Phone Inc-(NTOP) -- Ignore unavailable to you. Want to Upgrade?


To: Whitmore G. who wrote (488)8/20/1999 3:50:00 PM
From: AGORA  Read Replies (1) | Respond to of 1556
 
A re-entry point is far too difficult to call at this time. Given current levels are built on speculation of news to be released Tuesday, we will have to wait and see what develops.

In addition, the most important event on Tuesday is GREENSPAN and FEDERAL RESERVE decision on interest rates. Ultimately, this will most likely determine the direction of NTOP on Tuesday, short of any blockbuster deal announced by NTOP.

Either way, prudence dictates that some profits have to be taken off the table given the extreme run and possibility of negative environment on Tuesday. If all is well, we have remaining shares + ability to re-enter. If all is not well, a fall is always cushioned by pockets filled with profits.

Bulls make money, Bears make money, pigs get slaughtered.

Have a great weekend. Long on NTOP.

Regards,
AGORA
agoracom.com