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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (31370)8/7/2000 9:42:15 AM
From: Rande Is  Read Replies (4) | Respond to of 57584
 
Interesting buy side volume and size on LQID. This is a stock that is now consulting to provide new business plans with both MP3 and Napster. As I said last week, it is also a possible benefactor of a shift by established artists from traditional record contracts and their miniscule margins for the artists. . . to Liquid Audio and the control it puts back into the artists hands. It was slammed last week on a downgrade. . .and apparantly heavily shorted. It appears as though we have turned a corner on LQID. Kevin's TA seems to agree. . .

This morning appears to be some mass short-covering at open. . . this one is set to squeeze, IMO. They won't give up without a fight, and it may take a running start. . . but this is one to keep on front radar screens.

Rande Is