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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Northern Cougar who wrote (28881)3/22/1999 11:50:00 AM
From: Adelle  Read Replies (2) | Respond to of 120523
 
N.C.,
Is it possible for stocks to have intraday cup and handle formations and if so is it something you have noticed or followed?
ie., today: NITE and maybe NETG
TIA,
Adelle



To: Northern Cougar who wrote (28881)3/22/1999 2:00:00 PM
From: heidi s  Respond to of 120523
 
ATHM and XCIT..... NC, looking at the stock price of these two companies isn't there an anomaly? The merger is supposed to take place at the rate of 1.04 ATHM share for each XCIT share. So ATHM's price should be 1.04 times XCIT's price. But XCIT is trading at 135 whilst ATHM is about 150. In effect, XCIT is underpriced by about 9 dollars. Am I missing something? (Of course I realize all bets are off if the merger doesn't take place).


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