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

To: HRAKA who wrote (28279)	4/9/1999 12:24:00 AM
From: RobbRacer	Respond to of 122087

HRAKA, I will check it out tommorow. Thanks for giving me the basics. I gotta go to sleep! Night all, Rob

To: HRAKA who wrote (28279)	4/9/1999 1:22:00 AM
From: Louis Riley	Read Replies (1) \| Respond to of 122087

CNKT has several things going for it (all of which will get both shorts' and longs' attention): a management team not shy about issuing press releases and doing lots of name dropping therein (even quoting an analyst at Volpe who doesn't even cover their stock in their release today {although they may have handled their recent private placement - not sure}), a new product in the hot b2b vertical market ecommerce sector, finally made money for the first Q in years, recently beefed up their balance sheet with a private placement (to avoid delisting, BTW), small float (even adding in the ~1.5MM shares registered last month from the private placement). Don't see why the old 52 week high won't be challenged as long as nets stay hot. And if it makes a new high, well, you know what they say: never short a breakout. So, I wouldn't be too anxious to jump the gun on this one on the short side yet. You know how daytraders love those single digit net stocks. ;) I got long a bit in the 5s today. PS: << • The Red Herring, February 1998 "We believe in the concept. They've got great technology, and a lot of very large companies believe in ConnectInc.com," said Michael Nemeroff, analyst at Lehmann Brothers. >>