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To: Dale Baker who wrote (14734)1/18/2000 1:55:00 PM
From: TheKelsterRespond to of 118717
 
ICOM. I have been working this one since 1 1/4. I don't really know what is going on with the company, though I have done extensive research on this stock. There has been a lot of insider and institutional buying for the past 3 months or so.

Nite has been on the bid buying millions since early Dec 99.

Long and short, I am holding a long position last entered at 2 1/8. I believe the steady buying will continue and this stock will at least bring 50% over the next few weeks. Likely more.

It is volatile, so don't trade in and out without 1st studying the weekly movements. It was formerly ICOMC and they dropped the C a week or two ago. Waiting for a nice pullback after run-up is your best bet. Having said that, when it makes a good strong break through the 3.00 level, and holds, it will move to 4.00 very fast. Becareful about buying just at the 3 because it could stall and move back to the mid to lower 2's before it makes the next big thrust.

KK



To: Dale Baker who wrote (14734)1/18/2000 2:07:00 PM
From: SultanRespond to of 118717
 
Saw the news... I know you traded OPTK few weeks ago but after retracing part of the gain, it has been moving back up again.. Might be worth keeping an eye...