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


To: pat w. who wrote (4233)1/9/1998 1:51:00 PM
From: Sul  Read Replies (1) | Respond to of 6855
 
With the market down for 3-4 days, there will be lot of buyers looking for bargains. NANX has been in the limelight for the past 2 weeks, thanks to CNBC hype and upgrades. Also fundamentally this is a good stock to have in long portfolio. Given the big fall this morning, it does not have much downside.

However, nothing is definite in this market. There is always some risk involved in all deals. In this case the risk reward ratio looks good.

Most of the sellers seem to have gone. Unless some big guys start manipulating, this can only go up.

Hoping for the best. Lets all make some dough this year.

Suleman



To: pat w. who wrote (4233)1/9/1998 1:58:00 PM
From: Winston Kim  Read Replies (1) | Respond to of 6855
 
Pat,

Also NANX did not go down due to eps...i think they are going to meet eps..It's that revenues were lower due to Asian flu...

Naz down 40 pts and dropping.....Panic mode might be setting in soon...If Dow cross 200 and Naz 50 pts...

Wk