Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (14886)	2/27/2001 12:49:03 PM
From: AJ Berger	Respond to of 18998

I'm not happy that WEBT can't fly free anymore todays activity would suggest that it's inextricably linked to NTIQ. so if NTIQ does not recover should tomorrows fed'speak get money flowing back into the market then neither will WEBT recover. If you want to bet on WEBT busting the deal will get it well above $25, that's a good bet, but there's no telling before June when that will occur. What I'm doing is the following: I'm waiting to see if money will flow into the market during tomorrows fed'speak. my bet is Greenspan will hint to lower rates again given todays consumer confidence numbers. If an up market does not lift all boats, then I'm out of WEBT, and will just have to watch it until the deal is busted in hopes I can get back in on the way up. It's a sloppy trading strategy, but it's a way to preserve your capitol in case NTIQ takes WEBT along for another bath.