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.
Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (77760)12/12/1999 6:50:00 PM
From: johnsto1  Read Replies (1) | Respond to of 90042
 
what's that old saying ;"don't fix what isn't broken"

cheers

johnsto



To: Tim Luke who wrote (77760)12/12/1999 7:04:00 PM
From: Densiebj  Respond to of 90042
 
.....you see i'm not here to put out risky plays..now don't take the following personal since i don't know you...but in general i'm here to help the small investor......

And we appreciate it, Tim!!!! No not kissing your butt just a silent lurker and follower

capitalD



To: Tim Luke who wrote (77760)12/12/1999 7:06:00 PM
From: Tim Luke  Respond to of 90042
 
update #1:

NN:

pretty much the same story here,NN has blown several 1/4's now and all the bad news regarding this company is out for everyone to see yet it's still holding up well...NN has no choice but to sell now and TM has stated he is looking for offers...they have laid off over 700 employees..fired many top executives....

my personal target on this stock is 35 to 40 per share in a buyout...possible buyers are siemens and ala.

NEWS:

Long-standing takeover speculation has hit fever pitch since the Ottawa company announced on November 18 that it hired investment banker Morgan Stanley Dean Witter & Co. to consider options, including its sale, as part of an overhaul that includes cutting more than 700 staff.



To: Tim Luke who wrote (77760)12/12/1999 7:22:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 90042
 
update # 3:

sbas...first posted here at 1 17/32 on nov 16th..this was my private call ....it was me who got this stock into the spotlight but i'm going to throw a bit of caution here.

this stock ran on linux fever....at this point it's hard to say where it will go from here in the short term..i will cover the long tern at the end....since the day traders are all over this stock can bank on major manipulation...it could show a gap in pre market with the MM's sucking in pre- market buyers and pre-market orders to be filled at the open at market price...it could very well show higher in pre-market and then get slammed down after the open so be careful ...

there should be some news this week regarding open avenue and i'm sure we will get more cnbc coverage....it's very likely we could see the teens but be careful jumping in now...i would look to take profits this week ...we could see a slight NAZ correction and this linux frenzy will cool down at some point...

now for the long term...my personal feeling on this stock is it could run well above the 50 mark...open avenue (which sbas owns 205 of with an option on another 5%) should ipo and go public at the end of 2000...so the long term on this stock looks great..the short term could be volatile....



To: Tim Luke who wrote (77760)12/12/1999 7:23:00 PM
From: Tim Luke  Respond to of 90042
 
update #4..

new linux call should go out by mid week...it will be PM only at first.