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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (3666)	11/27/2000 5:16:52 PM
From: Paul Kern	Read Replies (1) \| Respond to of 19633

Quarter to quarter IBAS was spending $1.00 for every $1.00 in revenue. Then, it was $2.00 plus for every $1.00 of revenue. Assume that it grows arithmetically, not geometrically, the cash will be gone. Any time a stocks jumps more than 25 per cent because the prez sez they aren't running out of cash right away, it looks like a short to me. It also fit my short profile: 1) Prefer internet related. 2) Has already lost at least 60 per cent of its value and 90 per cent is better. 3) Sells between $5.00 and $15.00 a share. 4) Up on a press release, analyst upgrade, TV appearance or nothing I can find which makes me think its being pumped on one of the P&D sites. 5) It looks like a last gasp pump before it goes under for good. None of these are hard and fast rules but they have served me well. I look for 5-15 per cent return in 2-3 days. Paul