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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: gamesmistress who wrote (7531)	5/25/1999 11:11:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

I would hope that the USA.net IPO would be enough to get shorts to cover. . . if so, we could see low 20's as much as this thing has been kept down. . . butonly very briefly. . . longer term. . they won't leave it alone. . and it will keep dropping as HLTH drops, regardless of the TRUE value of the company. Shorts don't care about TRUE valuation as much as they say they do. . .but just interested in making money by pushing stocks downwards and boxing them in so they cannot rise on buying. . . So I don't give PTEK much hope in near future, but believe that an opportunity exists when shorts drive it into single digits. Also, WebMD investment was only one of many such investments PTEK plans on making, so this one is only down temporarily. . . .when the internets get new blood later in the year, I think that PTEK will join the ranks of some of the lower end high-fliers. . . .IMO. Rande Is