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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (6540)9/8/1999 8:07:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Goldstone Engineering hits the circuit breaker on BSE.

goldstone.net


New Delhi, Sept 8: Thanks to the lure of the software tag, Goldstone Engineering Ltd has hit the upper-end of the circuit-filter for five consecutive sessions on the Mumbai Stock Exchange. On Wednesday, the stock scaled an all-time high of Rs 82 on the bourse, accompanied by an exceptional volume of over 1 lakh shares. The sudden buying interest in this hitherto dormant counter is attributed to the power cable manufacturer's reported move to focus on the software business. According to marketmen, the company's software outfit is likely to be merged with the parent and post-merger, the company's name could be changed to Goldstone Technologies......

financialexpress.com



To: Mohan Marette who wrote (6540)9/9/1999 2:42:00 AM
From: ratan lal  Read Replies (2) | Respond to of 12475
 
Mohan

Its par for the course.

I used ot be a day trader and traded quite a few stocks only to see them go up up up.

So finally I decided to buy and hold. NAVR is one of those I held all the way down to 5 and now hopefully it will go back to 28 after the NETR ipo on oct 4 (i am hoping no further delays).

Expecting a drop in stocks (mho only) in last quarter due to Y2K 'uncertainty' around the world. ANd then up with a vengeance in the new year (assuming no major y2k disasters).

ratan