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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (558)	1/25/1999 10:04:00 AM
From: Bram12345	Read Replies (3) \| Respond to of 52051

JNNE - Some information some of you may want to consider: Two members on SI, J.Nelson and Tom Dickson have been hinting strongly on upcoming news before PENNYPICKER even mentioned it. Blake Roberts is indicating an internet deal from what his source is telling him. Cosmo had posted what IR had told him last week about the two PR's coming this week. Given all the above, I see JNNE gapping Monday, possibly very hard within the first 1/2 hour. It may drift down and settle after the news comes out. If the news is very good like some have stated, expect the price to escalate to much higher levels in anticipation of the upcoming blockbuster news scheduled later in the week. AXGI did a similar pattern when PENNYPICKER announced it. If the news does come out Monday as planned, I think everyone will be betting the farm on the blockbuster news for either Wed. or Thur. I wouldn't want to try to daytrade this one because the second PR is scheduled for release only 2-3 days from Monday. If you're in, I would stay in until Wed or Thur when the blockbuster PR is released. BTW, JNNE has already gapped this morning. Ben