SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Netro Corp - (NTRO) -- Ignore unavailable to you. Want to Upgrade?


To: William Miller who wrote (162)9/9/1999 12:59:00 PM
From: Retire@40  Respond to of 792
 
William...well, I think there are a lot of reasons NTRO is running today. First, they have a unique business and partnerships and are first to market with their type of technology. I am not a techie, but do understand that they are poised for explosive growth in their point to multipoint broadband niche. Second, quiet period ends on 9-13 and their are traders buying the stock ahead of any possible coverage announcements. Third, the stock is very strong technically and breaking old high of 40 today would be very bullish for a nice push higher. Lastly, this is the kind of stock that both institutional and momentum investors like to buy. It may not get any cheaper over the longer term picture and I think many are getting in now before the valuations get too lofty.
Emac