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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: John J H Kim who wrote (23705)10/22/1999 1:32:00 PM
From: AlienTech  Respond to of 43080
 
>>I don't wanna start pullin on what little hair I got left.<<

I can fix that problem..



To: John J H Kim who wrote (23705)10/22/1999 1:34:00 PM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
HOLLY RAMPARAMA!!!!!!!!

*DJ Ramp Networks Off 45%; 3Q Loss Wider Than Expected

(MORE) DOW JONES NEWS 10-22-99
10:58 AM

*DJ Ramp Networks CFO:Hiked Spending To Widen Future Losses

(MORE) DOW JONES NEWS 10-22-99
12:45 PM

=DJ Ramp Networks CFO -2: Co. Has $43M To Spend Over 2 Years

By Scott Eden
NEW YORK (Dow Jones)--Ramp Networks Inc. (RAMP) will increase spending "significantly"
in a bid to exploit the burgeoning market for high-speed Internet connectors, in the
process widening its losses and delaying its first profit, Chief Financial Officer Terry
Gibson said.
Ramp, Santa Clara, Calif., disclosed the information Friday to investors and Wall
Street analysts during a conference call to discuss the third-quarter results released
late Thursday.
The news didn't have the intended result: Combined with a slightly worse-than-expected
financial performance in the latest period, the prospect of wider losses in quarters to
come was enough to spook investors and drive Ramp stock as low as 11 Friday, equal to its
June initial offering price. Recently, the shares traded at 11 1/8, down 10 3/8, or 48%.
Gibson wouldn't peg a specific dollar amount on the spending or provide specific
guidance, but said the company has about $43 million in cash and saleable securities in
its warchest, which Ramp plans to spend over the next two years.
Analysts polled by First Call/Thomson Financial currently forecast per-share losses of
9 cents for the fourth quarter, $1.16 1999 and 14 cents all of 2000.
In an interview with Dow Jones Newswires Friday, Gibson said the money will go to
research and development and sales and marketing.
"We're making a large additional investment in DSL technology," he said, and as a
result, "will increase our operating spending and our losses in the near term." Gibson
was referring to digital subscriber lines, or DSL, a "broadband" technology designed to
deliver speedier Internet connections. His company wants to quicken its development of
the connector boxes that bridge computers with the Web, a fiercely competitive business.
(MORE) DOW JONES NEWS 10-22-99
01:26 PM



To: John J H Kim who wrote (23705)10/22/1999 1:40:00 PM
From: Susan Saline  Respond to of 43080
 
>>>This day is a total wash for me...no reliable real time quotes, or trade confirmation, so just gonna sit it out 'cause I don't wanna start pullin on what little hair I got left.

honey ... i think it is a blessing in discuise for you
u cannot take profits on your stocks and they will probably all have day end runs that u would miss out on if u could sell em now

kiss kiss

yesterday I was out most all day ... checked in at midday naz down horribly ... came home to most all green with the naz + plus plus

wish i was gone today too .....

double bottom ... hell ... just hold everything and put on ignore until january ... u will be one rich bugger ggg