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

To: StockHawk who wrote (9520)	2/20/1999 4:54:00 PM
From: Jon K.	Respond to of 56535

Stock Hawk, GNET, Dude you're asking to a wrong person, I don't think I am qualified to comment on GNET. But here is my 2 cents: Real long term say 1 to 5 years, I like Gnet. I like the company (and you know how much I like SI <g>). The stock has been trading along the $100 line so shorting at around 110 and buying at around 90 should be ok. However due to weak market condition plus net stocks are getting creamed, GNET could drop to below 90 within a month. I'll just be careful especially next 2 weeks. I am not convinced Nasdaq will turn around next week. regards, jon