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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: mike.com who wrote (6093)	4/10/1999 9:34:00 PM
From: hoffy	Respond to of 52051

Just so everyone knows I sold TRAC late yesterday after it ran. I am out at 27. I hope everyone made a nice little profit on this pick. WHat a week, first TRAC then SFE then VRIO. It doesn't get much better than this. Well maybe it can. This one might be one ready to fly, FNHC. I bought this last week so I already have some nice gains in it but I am holding it long term like IATV . They are doing mortgages over the internet and a deal with a portal company could be coming. The volume and price action are almost IATV like. VERY VERY strong. They also might be getting ready to announce some deals with some of the sites that are selling homes over the internet. If either of theses come out in the next week FNHC will go to double digits immediately and might get to 20 real fast. ALso, there is another IPO coming out soon (E-Loan) that competes with FNHC. FNHC is actually a better company and does more business. The IPO will get priced near 20 and probably gap open and run into the 50-60 range. Once this happens people will look for other companies that are in the same business and FNHC will be looked at by a lot of people. Once that happens and people see the strength of this company it will take off. One disclaimer: Their earnings are coming out soon and they may not be that great right now. It shouldn't hurt it too much but it could dip a little. But remember IATV put out earnings and the stock dipped into the 5's. That was only 3 weeks ago and the stock is a monster now. Let's hope this upcoming week can be as good as last. After all we are only as good as our last trade.

To: mike.com who wrote (6093)	4/10/1999 10:51:00 PM
From: Stock Watcher	Read Replies (2) \| Respond to of 52051

mike.com; you're the "founder" of the IATV fan club, so thanx for the continuing analysis and the info. on the current situation ("lack of stock available"). It's true; I know of investors who placed orders on the bid-side and had nothing filled, then tried placing 'all-or-nothing' orders a half-point above the ask-price ! Then the orders were filled at these limits. It's not easy buying this stock unless you 'box it in' with an order above the market. When was the last time any of us have had this experience ? sw