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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (9594)5/2/2001 2:08:39 PM
From: John Pitera  Respond to of 15481
 
I can live with that -g- things are lathering right up.... money on the sidelines and some of it is public money

what else is getting VERT, ICGE, CMGI going -g-

13:45 ET IPO Watch : Big run in shares of Simplex Solutions (SPLX 20.74 +8.74) on its debut. Price action in stock suggests that momentum players have been the major sponsors of the issue on its first day of trading. Stock already has turned over its float 1.4x, on volume of 5.7 mln shares.




13:30 ET Sector Watch: Storage : Investors/traders pressing stocks in the storage sector today. Leading the advance is McDATA (MCDT 38.20 +6.45), which has benefited from a major short-squeeze over the last two sessions. Other movers in the sector include: STOR (+16%), BRCD (+14%), JNIC (+14%), EMLX (+11%), INRG (+7%)... Also seeing interest at the bottom of the storage space: Gadzoox (ZOOX 3.06 +1.30, +74%).