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Technology Stocks : VVTV - "Home Shopping Network" of the Internet -- Ignore unavailable to you. Want to Upgrade?


To: HEXonX who wrote (217)3/31/1999 1:57:00 AM
From: BANCHEE  Read Replies (2) | Respond to of 350
 
HEXonx
No rumors I've heard..VVTV has been moving a couple of
points below NAVR. Which owns about 85% of NetRadio. VVTV
owns about 15% of NetRadio. Rumors of better than expected
earnings pushed VVTV ahead of Navr. So traders bought on that rumor
and sold on the earnings report. Some stayed longer hoping for a run up on the stock price. When the price of the stock started to go
down, the rest of them sold. I believe that now the buyers will
come in and set the stage for the IPO run and that we will also pick up some investors for the long term. NAVR has a larger percentage
of the IPO but I believe that VVTV has better fundamentals..I'm
playing both of them but will also keep some VVTV for a long term
hold. If we get some coverage by Wall Street and some good news
releases, VVTV could move nicely. This is a hard time because we
could move at anytime and if you are not in VVTV now, you could
wind up chasing the stock to higher levels. Look at the movement
of ZD today. From 22 to 29 a big jump in one day. Their IPO is getting
priced on Wed, I believe. Granted that we don't know when the NetRadio
IPO is going to be but the S1a could be filed anytime if the is going
to be one..And buying @ 13 is better than 15,18, or what ever.I have
some more buying power left and will save that incase it goes lower..
but it has been holding well so far around 13+. a little dip to 12 1/2
today and we came right back....good sign.Also there were a few 10,000
buys today that I saw..................... NAVR has been holding up
also,,Hold on, I just check NAVR chart today and it ran up towards
the close...11 3/4 to 13 1/2..See what I'm talking about...you
never know... I'm going to check the NAVR thread to see if anything
is up...
Banchee