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


To: Kaliico who wrote (14175)11/1/1999 10:04:00 AM
From: T. Ambrose  Read Replies (1) | Respond to of 57584
 
UIS fans:

www2.marketwatch.com

67 mil seems like a big contract to me, but this is a big company. Any comments/opinions?



To: Kaliico who wrote (14175)11/1/1999 10:24:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
ETYS: Was doing fine. . .then brokerage announces that a lock-out of 10% of institutionally owned and insider owned stock ends Nov 2. Stock crashes down 25%!! Now of the 10% that is available to sell, what percentage will actually be sold? 10% of that number perhaps?. . . which is a rather insignificant number. And if you are holding ETYS from $15, do you sell in the mid-fifties, after seeing 79 just 4 trading days ago?

My guesstimate is that the selling tomorrow will not even be noticeable. . . and the scare tactic by the brokerage, aimed at getting them a cheaper price for making their buys, was a success at the individual investor's expense. Look at the buying volume that came in the last 15 minutes of trading on Friday. . . somebody big loaded their boats in a major way. . . .my guess is that we will see similar large volume buying come in today. . . Then tomorrow, rather than going down on this 'terrible sell-off' that is predicted by the anal-yst. . .that we will actually see the stock make gains tomorrow.

So I am seeing ETYS as a buying opportunity at today's lows. They still have the best deals with the portals. . . and toys are a great item to buy via the net, as opposed to running from store to store looking for the "GI JOE with the Kung-Foo Grip". . .or whatever. . .ETYS has much to prove. . .and I am betting that this Christmas will give them what they wish in meeting their goals.

Rande Is