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


To: Rande Is who wrote (17186)12/22/1999 5:41:00 PM
From: Joe Smith  Read Replies (1) | Respond to of 57584
 
Any interest in ANTC back around 40?

OLB's still taking in on the chin. It is interesting that for both OLB's and retail, things could not be rosier. Both OLB and retail companies must be raking in record revs, but the stocks stay weak. What will be the turning point? Will they eventually show the strength of the techs?

Never got a response to mutual fund rundown. Were you looking for something else? Give me some guidance if you would like me to go to the next step....



To: Rande Is who wrote (17186)12/22/1999 5:50:00 PM
From: OpusX  Read Replies (1) | Respond to of 57584
 
Hi Rande,

I also jumped on LU today!

Regards to the family hope all is well

I'm off to x-mas shop :)

Robert

edit: grabbed a double on GENE in 2 days "profit often"



To: Rande Is who wrote (17186)12/22/1999 7:01:00 PM
From: Steven Finkel  Respond to of 57584
 
I think a few mentioned flashnet today. check this out from bloomberg on afterhours trades:
After Hours Trading
Wed, 22 Dec 1999, 6:51pm EST

After Hours Trading covers active stocks in after regular market trading on Island ECN, an electronic
trading system which trades from 8 a.m. to 8 p.m. This story is released once a day before 7 p.m.


Following is a summary of active stocks in after regular
market trading on Island ECN, an electronic trading system which
trades from 8 a.m. to 8 p.m. New York time.

Name Last Price Volume Move From Close
Internet 24 945,037 +3
America
Talk.com 23 193,924 -5 1/4
3Com 50 181,042 -3 1/8
Juno Online 74 3/4 176,724 +12 1/4
Flashnet 10 1/6 103,415 +1 7/8



To: Rande Is who wrote (17186)12/22/1999 10:34:00 PM
From: Tradelite  Respond to of 57584
 
Random observations about market and ESHR and PLUS......
the following is based on my own DD, plus knowledge of certain companies, plus comments from well-placed brokers to whom I pay some heed.

Tax-selling will go on until the very last hour of trading in 1999, of course....then the owners of high-fliers (on the Naz, especially) could sell off at least parts of their portfolios starting Jan. 3, leading to the Naz correction we all need and want (in order to buy more stock at lower prices, of course.)

On another topic...amazing what adding the magic "e" in front of a stock symbol can do to raise the price of a company's stock. Don't know if this is good or bad...probably good for company, questionable for investors, unless there is a fundamental change in the company to go along with its sudden popularity in the market.

Cases in point....
EPlus (ticker PLUS) is a reinvention of an $8-9 stock called MLCH. Having some knowledge about the founding CEO, I've been watching it a long time. Never took the plunge and bought it. Look what that stock has done over the past few weeks once the name was changed.

EShares (ESHR) is the former MELI, which tanked on me early this year. Originally bought it because a client of mine joined the company and it sounded very cool and promising. Stock lost more than 80 percent of its value, until the company changed the name, and now it's a very hot ticket for traders. Main competitor is Davox (DAVX is ticker symbol I think). How come Davox isn't hot?

Very interesting.