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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (4693)	7/13/1998 10:01:00 AM
From: Jamessmith	Respond to of 12617

NETN should be interesting. They will release a contract and earning report by July 15. An Internet play with low float!!! James Networks North, Inc. (Nasdaq : NETN) Recent Price: $3.0625/share Daily Average Volume: 10 K 97 EPS: $0.15/share 97 PE: 20.4 Estimated 1998 EPS:$0.30/share Forward PE: 10.2 Industry Average PE: Not Meaningful (so many companies are not profitable). Book value: $2.88/share Price/Book: 1.06 Industry average of Price/Book: 25.3 Div/Shr: August 14, 1996 Yield: None 52-week Range: $1.875-6.625/share Outstanding Shares: 2.535 M Public Float: 0.874 M Market Cap: $ 7.73M 1997 revenues: $7.50 M Market Cap/Revenues: 1.03 Industry Average of Market Cap/Revenues: 86.3 Estimated 1998 revenues: $14 M Net Profit Margin(Before taxes): 10% Industry Average of Net Profit Margin: Not Meaningful Cash flow: $0.83/share Institutions holding: 7.8% Management holding: 57.8% Shorting position: 5.534 K

To: John Hunt who wrote (4693)	7/13/1998 10:30:00 PM
From: Rocketman1	Read Replies (1) \| Respond to of 12617

Thanks John. Your explanation is very clear. I guess that, as in eggs case, the stronger/weaker the stock closes determines which way it is likely to gap. .....However, if a stock gaps up 40 - 50%, it has probably fully discounted any news and will not resume the trend that day...... similar to what eggs did today. .......There is nothing wrong with trading using limit orders to buy and sell, especially if you can't watch the stock all day. I would call it 'swing trading'..... I guess if you have a "real" job this is your best alternative to still get in on the action. It seems that what he really should say about "don't initiate a trade before 10am" is don't initiate a mkt order before 10am (or ever) because you could get creamed! Thanks for the link also. Cheers, Rktman