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

To: Buoy12 who wrote (36932)	5/23/1999 9:46:00 PM
From: tool dude	Read Replies (1) \| Respond to of 122087

Make that 5 dead bird Mon. may gap if at all pre market to 28 then market opens slow fall leading to panic selling close 18 3/4 at best.

To: Buoy12 who wrote (36932)	5/23/1999 9:46:00 PM
From: RobbRacer	Read Replies (1) \| Respond to of 122087

Hello everyone, Here is my take on the ever so talked about HAUP. This is a solid company with growing profits in a competitive business and is not an internet comapny so it does not deserve such valuations. Prior to this week nobody knew this company existed and a combination of the Business Week article, Press release by the company, and mentions by CNBC made it the hottst stock on friday. The company has a tight float which allowed the daytraders to run this up to 28 on 18 million volume when no other companies were in play that day. This hot money will not stay in this stock and very little new money will come in at these levels in the short term. Investors reading Business Week(which I get on friday) will not jump in Monday as they will feel they already missed the boat(12-28too late). Market makers are short the stock in a very big way because they did not have the inventory to sell from(average volume 80K shares). They will IMO gap it up to where they are very comfortable shorting naked (1-3 points). Buyers will fail to materialize in enough numbers to sustain price. Daytraders will quickly realize this and look for the exits. Because the float is so tight price will move just a quickly down as it did up. I suspect this stock will become a teenager very quickly. As such, I started a short position just before the close on friday and will eagerly be awaiting any gaps on monday. This stock reminds me of what AVCO and BAMM did late last year. excellent post by Kieth Lenart regarding this phenomenon. Message 9704528 Rob