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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (14998)4/24/2001 6:40:57 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
ajtj, yes, but with a market cap of $5, they will have to go to sales of $1 B, to justify that kind of cap and multiples, and by then growth will slow down markedly, it is still priced for perfection.

Zeev



To: ajtj99 who wrote (14998)4/25/2001 1:21:44 AM
From: Pink Minion  Respond to of 30051
 
I think what Dilbert is saying is that the resistance points are pretty spaced out on ONIS.

Not really. It just seemed it would be a good day trading stock. Very predictable bounces and high beta. Buy the gap down in the morning and sell short the 2pm high.

I'm short and agree it's overvalued but I didn't think that stopped Zeev before (SCMR, BRCM, RMBS).