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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: carepedeum2000 who wrote (55183)	10/10/2001 9:55:05 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

NGEN? Well think about it for a second. . . what did NGEN receive from the Army? a three-year, $1.5 million grant That grant is essentially a half-million dollars per year to research and develop a product over the next 3 years. Guess what . . . trader/investors just handed them $100 million in market capitalization this morning. It doesn't add up. So what we have here is a bubble. Investor/traders are jumping into anything that has the word "bioterrorism" in it. . . regardless of whether or not there is any meat to the news or to the company. So when playing ANY of these, you must follow the rules of momentum trading. . . . for those who forget the primary rule, I'll refresh your memory: FIFO Be first in and first out And don't believe the hype. Now I must say that there is considerable emotion behind each of these momentum. So throw rationality out the window and play them as though they were merely being pumped by Gilder, Harmon or CNBC. Hope that helps, Rande Is