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


To: hoffy who wrote (7534)2/3/1999 6:18:00 PM
From: Canuck Dave  Read Replies (2) | Respond to of 56535
 
Hey, that's what I thought when I bought it.

I'm not bitter. I'd be happy if it reports great earnings tomorrow and goes to 80$ a share. Vindication for my extensive DD on Inets in general and OMKT in particular.

I learned two very important lessons with the OMKT experience (hardly earth shattering).

1. Timing is everything
2. Don't let your small losers become large losers.

How many shares you holding?

CD

p.s. On the other side of the coin, if it starts edging down near the close tomorrow, I would be very afraid...



To: hoffy who wrote (7534)2/3/1999 6:21:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
Hoffy: OMKT - Now don't get ahead of yourself. If you think that revenue numbers will take priority over the Inet sector as a whole, you have another thing coming. OMKT looks very attractive here but they are still an Inet stock and will fall, or rise, along with other Inets. In a rise, with good rev. growth and earnings, it could be very nice....but if it sees a 1/3 of your target price, I would be long gone.

TJ



To: hoffy who wrote (7534)2/4/1999 11:51:00 AM
From: Canuck Dave  Read Replies (2) | Respond to of 56535
 
Hoffy, I'm keeping a close eye on OMKT out of curiosity today.

It's definitely in my 'baggage' portfolio. Did some serious chart analysis on it yesterday afternoon and watching it closely today.

8$ or 80$. It's a tossup, so I guess the upside potential is well worth the downside risk.

I do have one prediction. Look for 4th quarter losses to be in the 10c range. Again, this might be bullish, or .... the ....other....thing..

Good Luck

CD