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


To: carepedeum2000 who wrote (16633)12/13/1999 1:34:00 AM
From: Frederick Langford  Read Replies (1) | Respond to of 57584
 
NETP

Message 12266322

Message 12257279

Fred



To: carepedeum2000 who wrote (16633)12/13/1999 7:05:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Yes, Carpe. . .I base much of my long range targets on fund activity. . . and so far, I am just not convinced that they are showing an interest in NETP. Now this is hardly an exact science. . .and we could find out after the fact that they are. . . but from what I have to go on, I see no significant large block accumulation going on. . . so I would back that target off some. . . .but still not much. . . I think fund buying will continue to raise the sector. . .and the sector is small. . . . so I think it will hold its gains, while speculators push it to peak in the $75 to $100 range. . .but I see it averaging closer to the $60 range without the fund buying. And again, this too may change. . . . and it is still a double from current levels. . .

Rande Is