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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: U Up U Down who wrote (11147)	3/24/1999 9:28:00 AM
From: AlienTech	Read Replies (2) \| Respond to of 43080

>>Autobytel.com increases IPO price range<< Well I cant get in on the IPO so its moot point for me, unless you know off a back door and its cheap. I bought a few thosuand PWCC since they own 13.3 mil shares of carecare.com, I would think they are rusing to cash in on the kill to take the money and run too. I maybe understanding this, no one wants to buy cheap, they would rather buy at the top hoping for the greater fool theory since PWCC is still @ 11. Cant explain why else SYMC, NETA, BMCS are so cheap. No one wanted to buy BMCS yesterday @ 30 1/4.. Now at 34 1/2 it seems everyone is trying to outbid the others. Oh get this SYMC announced 75mil worth of stock buyback, its now bidding down 1/16 @ 15 15/16.. Thats 5 mil shares out of like 30 mil. For company that made over 40 cents last q. and this one is even better Brookstone Inc. (BKST) 12 3/16: specialty retailer posts a Q4 net of $2.25 a share, four cents better than the First Call mean, vs year-ago profit of $1.87 a share; net sales increased 11.2% to $136.7 mln as same-store sales increased 7%.