Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Network Solutions (NSOL) -- Ignore unavailable to you. Want to Upgrade?

To: JimNewby who wrote (126)	7/31/1998 1:44:00 PM
From: Daniel Ray	Read Replies (1) \| Respond to of 1377

It looks like the stock wants to stabilize around 38 . . . probably exactly where it would have been had H & Q not issued their strong buy. It might have even gone up more, without all the heightened expectation from the 'strong buy'. The drop to 33 was a response to people dumping the shares they purchased a few days before at 35 - 41.875. Average daily volume has been less than 150,000 for a few months . . . even on low sell-side volume the market weakens appreciably. But note the quick recovery and stabilization. Whether H & Q was pumping and dumping is beyond my horizon. I wouldn't put it past them. In any case, I don't think they really need to do this . . . as market makers they are happy to take their mark-up or discount on any and all trades. Long run I feel their 'strong buy' will have been a good call. The thing I like about NSOL is its unique positioning. No other entity past, present or future has or will have this advantage. And how often does one come upon profitable uniqueness? There is something very real about NSOL. Anyway, we'll keep on keepin' on with this one . . . I have a pretty substantial investment, but can't imagine an aggressive portfolio for the 21st Century without at least a small position in this company. For the record, I am the author of the long post on the Yahoo board quoted here in post 123. Glad someone liked it. I hope we can stimulate some good discussion here. I am far from an expert and I am sure there are people out there with a better grasp of the details and technical issues. Best wishes to all . . .