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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (7323)	4/6/2005 11:21:04 AM
From: Augustus Gloop	Read Replies (1) \| Respond to of 23958

I view NAPS as more of a LT play than a chart play. The chart isn't great no matter how I try to change it. It's a sell at 6.00 for sure and really needs to print 10 to for a reversal. That said I believe it will hold its uptrend line at 5.00 and could be a good longer term play based on how we get our music/entertainment and how we will play it in the future. Without question the future of music/entertainment (and its already here) is a computer with a massive HD and a CD/DVD as well as an amp & speakers. Once hooked to the web you'll have movies, games and tunes on demand and companies like Napster are in the early stages of getting their foot in the door to be providers. At the very least they will be in the music download business on the windows side and that will start taking a bite out of Apple at some point