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


To: Rande Is who wrote (51805)5/30/2001 12:43:23 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Daytrade: Shorting VIP. . . Reasons:

1. Running too far and too fast
2. News out [sell on news] biz.yahoo.com
3. Correction issued in press release to make clear that the company reported a net loss and not a net profit in the first quarter of 2000
4. At 11/28/00, the Group had approximately 700 thousand subscribers
5. Net loss rose 83% to $24.4 millionhttp://biz.yahoo.com/p/v/vip.html

Most Recent quarterly: biz.yahoo.com

This is a Russian cell phone operator. . . with headquarters in Moscow. . . . Augie Fabela II [chairman], Jo Lunder [President, COO], Tatiana Filanova [VP Finance] are two of the principals. Now I don't know Russian, but those names are a bit too poetic, IMO.

Looking for about a point or so on the near-term.

Rande Is



To: Rande Is who wrote (51805)5/30/2001 1:02:19 PM
From: HiSpeed  Read Replies (1) | Respond to of 57584
 
.....For instance, LPTH [formerly LPTHA, LPTHU and LPTHW] was a SAM back in November of 99. We were able to buy all we wanted in the single digits. . .just months before it was selling well above 100....

i think LPTH high was in 60s. still a stellar gain from single digits, of course.



To: Rande Is who wrote (51805)5/30/2001 1:21:37 PM
From: warawls  Respond to of 57584
 
Rande, Thanks for the explanation. Your board is always a good read and a great way to pick up new information for a relatively "green" trader like myself. Your posts, as well as many others who post on this board, are always appreciated!

Ashley