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To: DownSouth who wrote (2119)1/18/2000 7:36:00 PM
From: Lynn  Respond to of 10934
 
Bullrider and DS: Thank you!!!

I figured the first, "mo," probably meant, "momentum," but the second," mo," threw me for a loop.

Ahhhhhhh... Now I know.

Thanks again.

Regards,

Lynn



To: DownSouth who wrote (2119)1/18/2000 9:00:00 PM
From: kas1  Respond to of 10934
 
DS, at first when you said momos I thought you meant market makers (I'd guess they'd be "mamas" eh?). That explanation gets way too much play on SI, especially for dog stocks... "oh it's the market makers taking us down again."

Momos? We ain't afraid of them. The more buying the better.

Anyone else notice that NTAP is not on the radar of briefing.com ? Maybe we'll get more momo crowd after we get on their radar.



To: DownSouth who wrote (2119)1/19/2000 12:24:00 AM
From: Dr. Id  Read Replies (2) | Respond to of 10934
 
Sorry for the cryptics. It's just easier to type "momo" than "momentum players". Besides that, one
doesn't really want to say their name. It gives them too much attention.


I always thought that it was short for "momosexuals". (Damn, now I'm going to have the momosexual community mad at me...)



To: DownSouth who wrote (2119)1/19/2000 4:00:00 AM
From: Uncle Frank  Read Replies (1) | Respond to of 10934
 
From today's Options Investor Newsletter

NTAP $118.38 +24.69 (+24.69) What happened to the price of NTAP
shares today? Well, we will tell you. It ended the day $24.69
higher than where it began. The volume supporting the move was
strong at over 3.7 million shares. What left some investors
scratching their heads, was there was no company specific news
today, that would have moved the stock in such a fashion. The
Nasdaq saw investors return to some old favorites today in the
technology sector. PSIX a company in the networking sector,
with NTAP, announced a 2:1 for stock split, and did receive a
reiteration of a Buy recommendation from analysts at Robertson
Stephens. Traders may have viewed these comments as, whatever
they can do, NTAP can do better. CSCO, PSIX, and NTAP all
finished the day with solid gains, but NTAP was clearly the
leader of the group, gaining over 26% for the session. NTAP
opened $4.19 higher and continued to climb higher into the close,
setting a new high of $120, in the last 5 minutes of the day.
If you entered this play early in the day, congratulations. If
not, intraday support for NTAP is now found at $115, $110 and
$107. If traders take some money off the table, look for bounces
off support as an entry point for this play.