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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (141)	5/1/1999 11:50:00 PM
From: Street Walker	Read Replies (2) \| Respond to of 1316

>>>>>>>SHORT TERM TRADE<<<<<<<<< ABOV ABOV -- short term trade I've been following this stock for the last month and traded it a couple of times. My last entry was Friday at $85. My target price for Thursday/Friday is a minimum of $123, a medium of $140, and high end of $160+ all depending upon the news they have reserved for us combined with the pre-split run. iqc.com For those who have NO IDEA what ABOV is all about, here is some reading: hoodwinked.com boardwatch.internet.com During their last conferance call, ABOV said they would be in a quiet period until the secondary offering was complete. They were enthused to get this over because they had some exciting news announcements they have been witholding due to the quiet period. Here's my scenario for what its worth: 1. Monday - gap up and trading frenzy Those wishing to enter, wait for the first sell-off, but be quick, because everyone else is waiting to enter there as well. 2. The quiet period offically ends when they make their first announcement....others will follow throughout the week. This will give even added share value. 3. The stock splits on Friday. That will be the main force pushing ABOV upward throughout the week. Its on every traders radar. 4. The shorts know they will have to cover, and they will, so we add to all the buying, a short squeeeze. 5. BTW, James Crammer at the.STREET.com loves this stock. Here is the best reading from Yahoo Msg board: messages.yahoo.com messages.yahoo.com Regards, S.W.