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


To: Rock_nj who wrote (3509)2/16/1999 11:39:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Rock, On ROMT, I would think after running so hard 3 trading days ago, it needs a little consolidation before any expected gains toward the end of the month. The volume has decreased considerably and there is no indication it won't continue to decrease, IMO.

Might be good to watch for some cheap shares back near 2 before all the news, PR, hype, etc. from the name change at the end of the month. Could run back to 4 again for ANOTHER double. Not bad.

As for long-term prospects, I don't see it. Sounds like these guys make some of the CD-ROM titles like you see at the computer shows. Those vendors have literally thousands and thousands of titles. . .and are happy to sell them for 3 for 10 bucks. Tons of competition and small margin.

Rande Is