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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (16406)9/19/1998 5:55:00 PM
From: DanZ  Read Replies (2) | Respond to of 53068
 
IRC.

Larry,

From what I understand, a few day traders moved to Othernet from Undernet because they thought Othernet would be faster. That prompted more people to move and before you knew it, all of the big day trading channels moved to Othernet. While Othernet might have been faster initially, once too many people moved it may have overloaded the server and could explain why many of us are having trouble logging in. I think that was Paul's point.

Undernet is a much larger network than Othernet and can handle a larger capacity. For example, I counted 26 Undernet servers and only 7 Othernet servers. This means that Undernet has almost four times the capacity of Othernet. I read on #daytraders-Undernet that they might move back to Undernet in another week. I don't know if their regulars are having trouble logging into Othernet, but if they are, I suspect they will move back to Undernet.

I don't have a preference for one network over another. My main concerns are:

1. That everybody who wants to log in can, and hopefully without too much heartburn.

2. That the discussion is productive and achieves the goal of helping us make money.

3. That the channel is registered so we can maintain control of it.

I just checked the status of our registration on Undernet and it was approved on the 19th (today). I already entered the necessary commands to bring the bot (W) into the channel. Anybody who wants auto ops will have to be added to the channel database but it's easier to do while you are logged on since it allows W to obtain certain information automatically. I'm glad Undernet approved our application even though the channel was inactive most of last week.

Dan



To: Larry S. who wrote (16406)9/19/1998 9:34:00 PM
From: thomas hayden  Read Replies (1) | Respond to of 53068
 
If anyone is looking for a quick trade, I would watch AMMB. Fundamentals are great, trading at .7 times book value and the CEO recently said he is comfortable next years estimate of 2.50. The stock is at 9. They have just gotten creamed with the rest of the financials. The stock is very oversold and could go up 5 or 6 points in a month or so. Not a bad return. Just one to keep an eye on.