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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Pepper1 who wrote (21650)	2/22/2000 2:22:00 PM
From: Dave Gore	Read Replies (2) \| Respond to of 25711

Pepper, news last week on FOCS was pretty huge in its potential, but it is hard to say if that will translate into overnight success of the stock price of FiberChem. Long term I think the odds are that this will be a really solid, maybe even huge, success story. If you take the time to really understand their patents, and what the merger brings to their table, you would probably not hesitate buying at these levels. Yes, this is typical MM behavior. They go short, try to force some to sell cheap, then run it and suck some buyers in, then go a little short and try to panic people out, then run it up if buying continues, etc. We should be fine, there was lots of buying today at $2.00+ like I said. We'll see, I hope some of you sold some at $2.00 and are riding free shares, or maybe re-buying the dips.