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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (11573)9/2/1999 10:07:00 PM
From: xcr600  Respond to of 57584
 
I have been waiting on TUNE as well. I am looking for a high if not very high volume day (1mln+??) when the bottom will finally put in. This thing is NS at Datek which tells me the "big boy shorts" have it. Will wait till they are through. The low volume is killing th stock as well.

just my .02

x



To: Trumptown who wrote (11573)9/2/1999 11:11:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Hi, Sting. . .Yes, TUNE keeps getting shorted on market pullbacks. . but, I have stated many times that once this week is over we should see more buoyancy in Inets, IMO. . .I am holding full positions, but am considering adding beyond them if we see dips tomorrow. . . I am just too confident in that money flow returning.

Not sure if you remember, but I was loaded heavily with TUNE and TUNEP at 4.50 and about 14 bucks [and pounding the keyboard]. . . .then sold them at 60+ and 150+ respectively. . . for 11+ baggers. . earlier in the year. So any of my positions in TUNE these days are totally free by a long shot. . .

[Note: It seems certain whiners are asking for such disclosures today.] <smirk>

Anyway, I think we will see some big gains in the high-techs tomorrow in anticipation of increased money flow next week, IMO. . . I am not phased by the manipulated scare du jour. So I am looking at TUNE as a nice buy at 17 . . . with a near-term target of 21. . . and a longer term target of 40 by the end of January. . . based on the deals they have signed and the aggressive moves their parent, T, is making. . . . however, I am fairly confident that they will beat that target handily.

Now mixed in there somewhere is my off-the-wall prediction of Liberty Digital buying Liquid Audio . . .sometime in the next 6 months. . .that I have described at length in earlier posts, IMO.

Rande Is