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


To: Mr_Mojo_Risin who wrote (349)2/16/2000 10:25:00 PM
From: Sojourner Smith  Read Replies (1) | Respond to of 406
 
you didn't ask me, but I disagree.

IMO Lehman is not through with it.
They want it down to accumulate.
Earnings will be stronger than expected.
Subsriptions are higher than expected.
IMO KOREA might pull a merger like ISLD did
and they may have some other surprises.
KOREA is the top holding in several Asian Funds,
and IMO they expect better than 100% return.

Within 20 days, around earnings date, it will test new highs.
And the $130+ will be hit this year. KOREA is
looking closely at CHINA and SIFY and IMO will
emulate them in any way they can. They have competition
in the high speed internet so IMO they will be trying several
approaches. Microsoft owns 10% and IMO they will want
more than 100% as well.





To: Mr_Mojo_Risin who wrote (349)2/17/2000 6:15:00 AM
From: R. Bond  Respond to of 406
 
Mojo,

Yes, I believe there is overhead aplenty on the way up. I do watch Intraday charts, but haven't been taking those trades you mentioned. I don't like being THAT nervous. I have never had an objective of $130 for KOREA......$100 only in my dreams. This sector has changed character since the others did those sorts of moves, things have split apart. If it changes again, O.K. I do think $80 is easily within reach, if the volatility keeps up.

I won't call the next move. It would be nice for longs if this turned out to be a classic case of bouncing off the 200-day MA (I STILL don't know why I have one on my chart!), pulling back, and continuing strongly up. A scenario immortalized by Mr. Stan Weinstein. Of course, the Market must cooperate as well.

And I can easily envisage an entirely different scenario. One thing is (almost) for sure, this stock won't sit still for too long.

Cheers,
Bond