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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: wgh613 who wrote (669)	1/10/2002 2:38:19 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

MARKET ACTION: Stock Buy VTSS for trade @ 14.16. Tight stops. Strong relative strength on news/upgrade yesterday. It does need the SOX to rally however. CRUS is even a stronger stock but may be close to extended short term. I will sell if it dips below $14 for more than a few minutes and the NAZ turns negative and/or the SOX turns more turns negative. Not a high reward to risk play but it may work out. Risk is .25 points (with stops), upside is 1.00 point short term and 2.00 and 6.00 pts. intermediate term. IMHO.

To: wgh613 who wrote (669)	1/10/2002 8:40:30 PM
From: Henrik	Respond to of 16631

<<The measure also includes funds for research and development of new weapons technologies>> <<Bush signs 317.2 bln usd defense spending bill>> nasdaq.com\\news3\n... This new bill could have a very positive impact on the stock price of Metal Storm (ASX:MST - NASDAQ:MTSX). Metal Storm Limited is a research and development company based in Brisbane, Australia, with an office in Washington DC in the United States. The company is capturing unprecedented attention from defence organisations world-wide with its revolutionary 100% electronic ballistics technology, which has no known conventional equivalent. metalstorm.com Good contacts 'in high places' can't hurt either. 2001-11-20 ASX-SIGNAL-G <<Ballistics innovator Metal Storm Limited (ASX Code MST) today announced the appointment of its US-based director and recent Telstra board appointee, Admiral William A Owens (US Navy retired) as the company's new Chairman.>> 2001-10-10 ASX-SIGNAL-G <<Australian ballistics technology company Metal Storm Limited (ASX code MST) today confirmed that one of its US-based directors, General Wayne Downing (retired), has been formally appointed by President Bush to head the US government's new counter-terrorism operation.>> Regards from down under, Henrik - who is adding to his Metal Storm position