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


To: Tri Bui who wrote (11775)3/24/1999 10:30:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
Tri: ZD - The float is large compared with many of the others, but is still relatively small. I just don't have a good feeling about ZD. Perhaps if the nets get hot again like they did today, but ZD was left behind in todays rally, which doesn't bode well.

The parent of the IPO play is getting to be a little old and traders are bailing early and getting in much later.....I think this play has changed....which hurts upcoming IPO plays like NAVR.

I don't think I will find myself in this play, there are too many other beaten down tech stocks that look good here like DELL, CPQ, ORCL, etc.

Tj