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


To: vagabond who wrote (44492)1/2/2001 9:21:11 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Noticing many of the most popular traded techs are down in the pre-market. . . yet NASD futures are UNCH. Something seems to be holding up the futures, while the popular issues are set to move lower.

We'll have to wait about an hour to see which way things move with volume. It is simply too early to tell much about today. And I still believe that today, this weeks and this months action will foretell the action of the rest of the year. Lots of history to back it.

ADAP getting expected haircut. . .down about 2 bucks.

Rande Is



To: vagabond who wrote (44492)1/2/2001 9:23:28 AM
From: vagabond  Read Replies (1) | Respond to of 57584
 
PPRO shoots-down rumors re VERT acquisition...
=================
Tuesday January 2 8:44 AM ET

PurchasePro Says It Has No Plans to Buy VerticalNet

LAS VEGAS (Reuters) - PurchasePro.com Inc. (NasdaqNM:PPRO - news) said on Tuesday it has no plans to acquire VerticalNet Inc. (NasdaqNM:VERT - news) despite reports that the two business-to-business service providers were in discussions over the matter.

The Las Vegas-based PurchasePro.com said it was responding to ``numerous investor and media inquiries'' about its relationship with VerticalNet, which is based in Horsham, Pa.

PurchasePro.com shares closed at $17-1/2 on Friday, off significantly from their 52-week high of $82. VerticalNet closed at $6-21/32, off from their lofty year-high of $148-3/8.