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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: amadeus who wrote (7432)	6/20/2000 3:18:00 PM
From: StocksDATsoar	Read Replies (1) \| Respond to of 11130

Here is one we're looking at currently to profile soon. INVT. Here is an excerpt from their PR from 6/8 >From the 6/8 PR Doug Smith, CEO of InvestAmerica, stated, "We have had discussions with several manufacturers including Cisco, Lucent, Nortel and Marconi. There are also several smaller manufacturers such as Juniper and Corvis with leading edge products that we are very interested in evaluating." Smith added, "We are looking for a long term strategic partner who we can work with over the next several years as we roll out our global communications network. The initial contract will have a value over $600 million for delivery by July of 2002. The deadline for responses is June 21, 2000 and we will conduct formal evaluations and enter into contract discussions immediately thereafter." We feel that with the current huge short position the MMs have, and still pending NASDAQ listing that should come by July 10th, usually within 90 days of application, and an announcement of a partnership with a huge NADSAQ company like CISCO or LUCENT coming within a week or two, we feel this one is springed very tight and ready to explode. If anyone is interested in joining me on this then please let me know. Profile will go out Wed. after the bell. Also, to help each other out, if any of you are doing a profile, NO momos please, then pass it along at least 24 hours in advance so other group leaders may have the chance to get in. Our one for last Monday didn't do too well because I believe it was a Candian based company with 5 symbols and the coming reverse split that goes along with a reverse merger frightened some. Hopefully with all that's coming with INVT, which was $11 stock 2 months ago and currently under $2, we could see this one definately heading back to the $4-5 range within 2-3 weeks or less. ------------------------------------------------------------------------ Find long lost high school friends: click.egroups.com ------------------------------------------------------------------------ To unsubscribe from this group, send an email to: OTCBBleaders-unsubscribe@egroups.com