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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: hoffy who wrote (7530)2/3/1999 5:48:00 PM
From: MMK  Read Replies (1) | Respond to of 56535
 
Hoffy:

I jumped in OMKT after watching it all day when I heard the upgrade I went for it and it went down. Story of the day... will watch tomorrow and had wathced CMIC today as well.

thanks for bringing them here...MMK



To: hoffy who wrote (7530)2/3/1999 5:52:00 PM
From: Canuck Dave  Read Replies (2) | Respond to of 56535
 
OMKT might run tomorrow. I did find out earnings are out after bell tomorrow.

Let me reiterate in public what I told MMK in private. I picked an INET stock to invest in and chose OMKT. In fact, I did an article on it for SI. Rode it from 18$ to 6$ last fall and then sold it as my 'Newbie nightmare'. They have been at E-commerce for 4 years and consistently bleed red ink.

The word was that would be profitable by fourth quarter of last year. I don't think they're going to do it. I haven't seen a whisper number (don't really follow it any more). If losses are in the 20c per share, you could be looking at 8$ paper real soon...

CD



To: hoffy who wrote (7530)2/3/1999 7:53:00 PM
From: Wes Stevens  Respond to of 56535
 
Hoffy, OMKT; I agree it looks good. I got out yesterday. The only good news is I bought MHMY with what I took out of OMKT. I may get back in tomorrow if it pulls back.