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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: 1newportbeach1 who wrote (3390)9/5/2000 9:23:03 PM
From: lakeoffice1  Read Replies (1) | Respond to of 100058
 
Newport,
Thanks for the heads up on NEWP. Looks like the analysts think that it is overvalued. Wonder what tipped them off?

Funny how these press releases get distributed after the market closes and on a down day.

From crunching the numbers, looks like the next level of support is at 135.14, 107.68, 89.38 and 80.22-well I can wish can't I?

Looks to me like when the NAS finds support in the next day or two then NEWP could find it's way on a lot of buying programs. It will be interesting, where it will be then!

Hope you did good today-will be playing it hot and heavy tomorrow-searching for the NAS support to start a little buying spree! But will be keeping a lot of powder dry.

Would love to buy to cover NXTL at 47 or so tomorrow. Would make it a fantastic week. One more like this and I could get out of the poor house.

Have a good evening-DOE

PS-I was correct in the Scandanavian connection-wasn't I?