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


To: Rande Is who wrote (16641)12/13/1999 7:54:00 AM
From: carepedeum2000  Respond to of 57584
 
thanks rande- i bought some more on friday, thinking 32 was around the bottom, looks like nightline featured it friday night, will see if they can move stocks this morning, also think this might have a chance to be on steve harmons top ten for 2000, which would be great exposure, (also think pcntf could be there) steve harmon has labeled both as "undervalued" in the last month
thanks rande
ps I still dont think we have seen december top yet in market, should see more upward bias this week, maybe some early weakness due to xerox report, but temporary, look at market action in last hour to get a read on cpi number tuesday



To: Rande Is who wrote (16641)12/15/1999 12:03:00 PM
From: KevinThompson  Respond to of 57584
 
Rande,

Regarding NETP; I am wondering if your original assumptions are indeed correct. Looking back at the chart in Nov., something huge pushed it into this new trading range. It wasn't just daytrading. NETP had been trading forever in the sub-20's. Then when the funds started their buying again in November (start of a new investment cycle), NETP was being bought and I believe mostly for the reasons you've already stated. Fund accumulation would appear to me to be the most likely assumption for the price movement we saw in Nov.

Not sure how to explain what we've been seeing lately on the stock, but I am expecting that it will not be in this range for long, particularly after the new year.

Just my thoughts,
KT