To: swisstrader who wrote (43664 ) 12/13/1999 3:40:00 AM From: Andrew G. Read Replies (1) | Respond to of 108040
I agree, Swisstrader. Excellent pts. Triffen. I didn't communicate what my target price and time-frame was last week when I posted NSO and DOCI to this thread. Whether it matters to any of you or not, my apologies. I also do much more dd (call companies, check SEC reports, etc.) than I let on to here partly, because I feel that I do not want to speak on behalf of any company, but rather only to point attention to those stocks that interest me. I should have said DOCI looks good as momentum play when I pointed to it at 40cents. I could have also said that if it reaches a certain target, I may move out if it rises too fast. Well that's what happened. Then unfavorable news broke and I bailed midway in it's run around $3.12. It peaked over $6 to my surprise but fell rapidly as one would expect from such a sharp run up. NSO is another story. I mentioned it here at $2.25/sh and it rose to over $4/sh. and peaked at $5sh the following day. However, I haven't sold a single share of it (close @ $3/sh, but last price was $5.5). This stock is a hold for me, as it is clear that the magnitude of their relationship with VA LINUX has not fully reached the investing public. My near term target (yes, near term) is $15/sh. At that point, depending on whether the company will be providing more press about their contracts, earnings projections, analysts coverage, etc. I may hold, add, or sell. I will notify the board of my intentions if it is of any interest. Finally, I feel that SVRI has a lot left in it. SBAS will do quite well but I feel it will be volatile. I'm expecting upcoming economic reports to be uneventful, but the market is fickle and edgy as we approach year end. It would be wise, IMO to be very vigilant of market trends and not too focused on any single stock or stock sector. Best of luck to all Monday morning.