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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan? -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (1763)12/19/1997 1:11:00 AM
From: ahhaha  Read Replies (2) | Respond to of 4903
 
What are the fundamental reasons that I should buy this company's stock? I have a collection of answers that I get from analysts and all manner of insiders. I want to know what you guys think. I've gone through the thread and there was some input on this some time ago, but now no one says anything about what they're doing. Please help me.



To: ahhaha who wrote (1763)12/19/1997 2:17:00 PM
From: ahhaha  Read Replies (1) | Respond to of 4903
 
I rest my case. Sharp upside action on low volume during a nasty downside market day (actually market is bottoming). My institutions are as usual getting very nervous because they've been here before with me and they're sitting on their hands. The smaller guys are covering. It's no big deal. Just study price elasticity/inelasticity relative to marginal demand or supply instantaneous states. It's an old Jesse Livermore trick. You have to understand what the market mechanism is about and a good representation of how it works is the specialist's book function.