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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (14018)5/5/1999 12:13:00 PM
From: Maarten Z  Respond to of 56535
 
Out of AWEB and back in FNHC @ 6 earlier

Damn that AWEB. These recent IPOs

LAUN NETP AWEB ABTL FLAS ONEM ATHY all way off highs since IPO
some even trading at a discount to their issue price.

But it appears to be like catching a falling a knife.

Soon I'll have no fingers left

MZ



To: Canuck Dave who wrote (14018)5/5/1999 12:18:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
Dave: AWEB - I think the story will be a great one and although support now is soft, I don't think it will continue....I could be very wrong. At some point though, which is now I believe, it presents a much better risk/reward than most...downside is mostly out, upside is tremendous.

Still waiting though.

ABOV seems like a decent play and I am mulling that one. More downside though but with the split coming....perhaps a great op. Just betting against a further NAS decline is all, if we tank....they all may go lower.

Tj