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


To: Rande Is who wrote (15717)11/25/1999 10:29:00 AM
From: Panita  Read Replies (2) | Respond to of 57584
 
ETEK - is going through a major break out. Take a look at the interactive chart that I drew. take carefully at volume flow in the last two trade days.

bigcharts.com

ETEK since its IPO in late 98 is finally getting discovered by Wall Street. ETEK is in the same business as JDSU. JDSU is the number one player with 2.8 times the sales of ETEK yet its market cap is 8 times that of ETEK. Both companies are winners and for years to come there's more business than either one of them can handle (business growing like crazy and expected to continue for years). Based on the market cap vs. revenue discrepancies. ETEK can easily double and still be cheap compared to JDSU. Even at triple of ETEK current price still cheaper than JDSU.

The money is flowing into ETEK just look at the chart. My target is $150+ sooner than later. When my price is reached will sell 1/2 of my position which will give me my initial investment back and a nice return on my original investment. The other 1/2 of my position will remain invested for years to come.




To: Rande Is who wrote (15717)11/25/1999 10:37:00 AM
From: Rock_nj  Respond to of 57584
 
You're welcome Rande Is. Happy Thanksgiving to you and yours!

Contrary to popular belief, IPO quiet period plays are not a thing of the past. DRTN, VIAD, ARCC, BFRE, TIXX, etc. have all made significant moves coming out of their respective quiet periods in recent weeks. The best time to buy is the Weds. or Thurs. before the last week of the quiet period. Of course, market conditions have an impact on IPO quiet period plays.