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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (25058)3/30/1999 1:11:00 AM
From: tsunami  Respond to of 122087
 
CMPL now even more overvalued than it was this morning.

I covered for a 2 point loss, will try again tomorrow with twice
the size.

The reason I picked 25 1/16 for the entry point was it was its all
time high, there seemed to be some resistance around that point,
CNBC interview was over, all the news seemed to be out, their
story is not sexy, and the
insanely overvalued thing of course. (and unlike the other internet
plays, their quarter/quarter revenues are not that great, though the
numbers include non-internet related revenues too, last 4 quarter
numbers were 4.6 4.6 5.2 5.3 mil)

This is an excellent "short and add as it runs up momo stock" except
that is not my style.

regards