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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Panita who wrote (10547)12/15/1998 10:59:00 AM
From: hoffy  Respond to of 25711
 
MOFN just mentioned on CNBC as a stock to watch today. It's going to really move once they announce it will be on at noon time



To: Panita who wrote (10547)12/15/1998 11:09:00 AM
From: Gator  Respond to of 25711
 
ETPI rumored to have a pretty major news release coming out today. May see another later in week.

ETPI's Performance Sound & Light web site (http://www.performance-s-l.com) has been up for about 2 weeks (still under development though, webmaster has been pretty much developing the thing on-line). May see some announcements regarding that. Won't be fully completed until month-end.

Like I said in an earlier message, ETPI was hit hard yesterday with someone dumping a few hundred thousand shares of stock, all within about a 10 minute span. Dropped the stock from $0.28x$0.37 all the way down to $0.13, before buys starting coming in the last few minutes to close at $0.18x$0.19. Company's book value is $0.28, so it's trading below book (did it once before this year and immediately shot back up). New PR and lots of positive developments with company will drive the stock in '99. Fully reporting and profitable, book value increasing significantly every quarter. Invested heavily in expansion and operational improvements in '98, poised to be a major growth vehicle in '99.

Gator