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


To: Mohan Marette who wrote (387)3/2/2000 4:56:00 AM
From: R. Bond  Read Replies (2) | Respond to of 406
 
Mohan,

All the noises coming from the Company are good. BUT. In it's brief life, this stock has only been in an uptrend once, for 8 sessions. IMHO, we have yet to see any evidence that KOREA is trending up. It's a short-term trading stock, so far. And the volume isn't cutting it.

I applaud management's obvious attention to shareholders and exciting growth plans. But I don't see the market being interested in KOREA at present.

It's on my radar screen, better movement elsewhere at the moment. If this is a base around $59 and the market stays healthy, we won't really know if it's breaking out until it gets above $64. As we know, it could happen in an instant. IMHO buying the stock now is very close to gambling, but probably worth it with a tight stop.

Your thoughts? Anybody?

Cheers,
Bond