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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: thecow who wrote (6388)1/8/2000 3:02:00 PM
From: Guardian  Read Replies (1) | Respond to of 19374
 
OT-ISLD EARNINGS REPORT-RESPONSE FROM CO

Note: I have replied a thanks yo message below and asked if sandpiper will be reported at same time and , if so, whether the report will itemize sandpiper earnings separately or together as part of isld.

Subject: Re: Question from stockholder
Date: Fri, 07 Jan 2000 15:38:44 -0800
From: John Clancy <jclancy@digisle.net>
To: <GUARDIAN>

No date has been set, however, it should take place during the 1st week of February.

John



To: thecow who wrote (6388)1/8/2000 9:38:00 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 19374
 
does your placement of a stop sell on island just under ninety have to do with possible gap fill?

C

My personal stop just below $90 has to do with $90 being the last firm support level above that gap so my answer to you is yes.

On the flip side of the coin you should also consider the fact that all of ISLD's technical indicators are in the over sold ranges on their perspective ranges. I'm looking for a bottom now and was a bit un-nerved as I saw it lose momentum the last 15 minutes of trading on Friday. I also picked up what I at first though was a negative late breaking news release having to do with additional shares being introduced but after a closer inspection of the news I saw that Thursday was when this news came out.

To sum it all up;

1- ISLD is oversold and due to reverse

2- It will have some additional shares added to the float on Monday but it will be minimal as a % or total float.....i.e. a flash in the pan IMO.

3- It has received a new price target of $200 recently as well as several strong buy ratings.

4- I take the stance that since we are so close to support that protection is a good thing......via a stop under support but not too close to $90 support or the mm's will steal away your shares.

5- The stock should recover to an uptrends within days if not by Monday IMO.

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