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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Whisperer! who wrote (20845)	12/13/1999 9:13:00 PM
From: Panita	Respond to of 25711

ICAB reminds me of Jacada. The stock dip below IPO price below after coming public then within one month from $9 to $37 or more than 400%. ADR's do not exactly move as other IPOs. ICAB has 3 things going for it: A) Asia will be a source of many future IPOs. MER wants that business so they will not like play the LT Accumulate coverage that they have played lately with US domestic IPO. B) This stock is a broadband play which IMHO will be one of next year's theme d'jour. When they put a PR about their new broadband service in early next year this will double in a NY second. C) Hong Kong/China emerging markets will be in vogue in Y2K ICAB (HK + Broadband Cable) = $$$$$ X 3 I played TRRA it dipped to $31 after Thanksgiving then withing 3 weeks it hit $56. I am hoping coverage will not be initiated until late next week or preferible between X-mas and New Years. That week has been crazy in the past few years. Many 9 to 5er take a stab at day trading and make some crazy things happen. If this goes crazy I will sell to get initial investment and 1/2 of my profits. The remaining will remain invested. SIFY, KOREA, TRRA, and next ICAB.