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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: ~digs who wrote (2572)1/28/1999 9:16:00 PM
From: KonKilo  Read Replies (3) | Respond to of 57584
 
Dave, Glad to see INSI was so good to you. Unfortunately, I could not free up funds in time to grab some before I had to go off and deal with my day job. I will wait for a slight pullback now rather than chase it while its on this tear.

My best educated guess on the float is between 4 & 5M...keep in mind this is only an estimate based on the available facts mixed with some conjecture..

I mentioned the stock, first, because it is a quality company and second, because the timing is right since they seem to have just now emerged from under the ill effects of the convertible and also because they set a new 52 week high yesterday (with, of course, another today).

The day chart today is a continuation of the three month chart---steady upward movement with lots of late day buys. I agree with you re: momentum and would expect it to continue upward tomorrow with perhaps some slight profit taking in the afternoon depending on the day's gain. The momo crowd seems not to have discovered it yet, which should allow it to continue its steady ascent undisturbed for the time being.

Will you be holding for awhile? Looks like it may be a keeper, IMO.

Best,
Ken