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Technology Stocks : INSS - International Network Services -- Ignore unavailable to you. Want to Upgrade?


To: joemjo who wrote (269)12/17/1997 9:30:00 AM
From: Dale Baker  Respond to of 446
 
It's interesting to compare this to the Alex Brown upgrade which caused the last gap up. That ran from 19 to about 25. There may be more upside here, but it's equally possible that INSS will peak and plateau in the 23-24 range and head south again. Depends a lot on the market's mood.

25 covered calls are probably a good bet. Either you keep the premium or you are guaranteed a hefty return from recent days.

I have no position in INSS but I'll keep watching. It's a fun one to follow.

BTW, INSS filled the last gaps not long afterward.



To: joemjo who wrote (269)12/17/1997 9:51:00 AM
From: jas cooper  Read Replies (1) | Respond to of 446
 
Does anyone want to guess at near term upside?

Does anyone have any confidence left in their guesses after the last couple of months?

I sure don't and have moved from guessing to praying.

Based on the proximity of the two recent upgrades, and the recent price, I don't think I would be a seller just yet.

jas