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Technology Stocks : Korea Thrunet Co Ltd - (KOREA) -- Ignore unavailable to you. Want to Upgrade?

To: R. Bond who wrote (348)	2/16/2000 9:26:00 PM
From: Mr_Mojo_Risin	Read Replies (2) \| Respond to of 406

Bond- I've followed your analyses and they seem to be right on. Although I'm very interested in TA, I can't say that I'm a pro at it. Here's what I do know about KOREA- 1. 9 out of 10 days, it opens at its high for the day, followed by a quick and steep drop at 9:45 - 10:15. If you follow this stock on a daily basis, you could make a fortune buying at that time and dumping either later that day or at the next open. 2. It's hit a trading range of 55 - 62, and until that 12 pt runup last week, hadn't broke 62 in awhile. 3. Lehman did a classic pump-and-dump, and can't be counted on to support this stock any longer. 4. The $130 target probably isn't feasible. That would result in a market cap of nearly $15 BN, which would dwarf even SIFY at this point. 5. I would have to say the "real" target price is more like $80, and it would take some major resistance-breaking to hit that. Agree? mojo!