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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis V. who wrote (3898)3/7/2000 7:17:00 PM
From: Director  Respond to of 4231
 
The last trade was obviously...

a market order to sell 6000 shares... it went below the bid... the mm's love to steal your shares when you're selling. The trading looked very bullish for the most part, with higher than average volume and most shares traded at or near the "ask". Maybe somebody figured out what NewKidCo's 19% stake in Softquad is really worth, or maybe this is just a normal uptrend on good financial prospects that are finally being realized.



To: Dennis V. who wrote (3898)3/8/2000 6:30:00 PM
From: Dennis V.  Read Replies (1) | Respond to of 4231
 
Toys R Us posted results above expectations but 24% below comparable reporting period. Patience, the toy sector is out of favor with the "street". Until NKCIF is recognized as a growth company the stock may bob and weave within a channel. Valuations may be earnings driven like some "old economy" slug until this happens. The company needs a patron like the effusive Wolanchuk. Barring this, the young fellows who put money on "go go" stocks hoping for instant 100% profits are not going to notice a non sexy kid's electronic game company. Even favorable news releases may not take hold immediately. Funny thing is there is real substance to this company, especially compared to some of the overnight speculative wonders who have a dozen employees and questionable financing, lossy balance sheets, etc. Over the next 12 months, in spite of general conditions, this stock could easily double, IMO.