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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (25712)	1/23/1999 4:32:00 PM
From: Claire G	Read Replies (1) \| Respond to of 79260

Hi Doug What charting system do you use, thanks Claire

To: Doug R who wrote (25712)	1/24/1999 11:34:00 AM
From: Tim Warner	Respond to of 79260

Doug, Will do - been watching it since you brought it to the thread. Tim

To: Doug R who wrote (25712)	1/25/1999 12:35:00 PM
From: trend line	Read Replies (1) \| Respond to of 79260

Thanks for NETM mention. Bid 2 1/4 ask 2 5/16 now.

To: Doug R who wrote (25712)	1/25/1999 12:42:00 PM
From: Lawrence Burg	Respond to of 79260

I've had my sights on it...for some time now...:o) Had my finger on the trigger @ 2 1/8 and was watching/waiting for the supply to dry up a bit @ that price, when...WHAM all the MM's jumped all the asks up to 2 1/4. At least 8 of 'em. Settled for 2 1/4...healthy action on L2...2 3/8s are starting to melt away...

To: Doug R who wrote (25712)	1/26/1999 9:52:00 PM
From: theshaker	Respond to of 79260

DougR/Tim: Do you have a target on NETM? Thanks, DOH

To: Doug R who wrote (25712)	2/5/1999 3:12:00 AM
From: Lawrence Burg	Read Replies (1) \| Respond to of 79260

NETM a question from my post on that board... If NETM bought back 2M in Q498, I'd be willing to bet they did it all by Thanksgiving. Saving some money for Christmas & Hanuchah (sp?) Not likely look at the chart. After a strong run from the $1 low in early October, performance fell apart after Turkey day. Assuming they stopped 30 November, that means 40 trading days to buy 2M shares, or 50K per day. With an average volume of 600K/day, that means about 8% of the volume should have been theirs. Pretty decent amount at first glance, though I don't know how such action typically affects stock prices. I know NETM has been on your radar. What's your opinion on how the buyback (which was expanded again today for another 2M) affects the statistics? I show resistance (falling) right at today's peak of 2 15/16. Support (rising) at 2 1/16. Bullish breakout at 3 1/8. Exit consideration on a drop to 1 7/8, though the improving FA doesn't make this too likely IMO. TIA LB