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

To: Bruce A. Brotnov who wrote (9487)	7/12/2002 1:14:45 PM
From: BWAC	Respond to of 16631

<It seems that NVDA could be a mover if the techs continue to improve. I don't know of anything holding it back. > I do. Around 20% short interest and the rumors they dream up. NVDA was up on no bad news at the shareholder meeting yesterday. I think they said no warning coming. A fundamental issue is the ongoing arbitration with MSFT over the price of some Xbox chipsets.

To: Bruce A. Brotnov who wrote (9487)	7/12/2002 1:17:19 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Bruce, it has already moved up 20-30%. We need to be a little careful here. In this choppy market, we may not get more than 10-20% moves in the short term before shorting occurs again. If I was totally convinced that fundamentals were the strongest determinant of price movement, I would likely agree. We need to see 980 on the S&P broken amid major good news and volume for the Markets to make a serious run and we have a long way to go to get there.