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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: TWICK who wrote (38332)5/5/1999 7:36:00 PM
From: Adelle  Respond to of 120523
 
Wow guys, I had to leave and miss the close...looks like I missed all the fun!! Guess tomorrow morning will have to be watched closely for any entries....



To: TWICK who wrote (38332)5/5/1999 7:48:00 PM
From: SMALL FRY  Read Replies (1) | Respond to of 120523
 
INEX - If I was in the short selling business I'd wait until this stock has runup further and short the heck out of it... it smells... but it may be all legal. The problem is they're running it up huge to possibly get enough market cap to "acquire" other companies. I'm not touching it. What do I know anymore? They're loading up on ex-names from NITE, GS and others to lend more credibility to the business...

Just my uninformed opinion. (That should take care of legalities!)

:))
SF

PS: What was the original buy? One million? Now it's worth at least 6 million if they issued 1 million shares... I suspect the restricted stocks held by insiders is more than 10 millions shares and that makes it marketable at $60 millions with $1 million capital... WHEW! Great business in just a few days...