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Technology Stocks : High Speed Access Corp (HSAC) -- Ignore unavailable to you. Want to Upgrade?


To: neverenough who wrote (36)6/5/1999 4:35:00 PM
From: bobkansas  Read Replies (1) | Respond to of 130
 
You may have jumped the gun a bit on HSAC. It will likely be seen as a cheap ATHM. In fact, on Monday, I am going to sell some of my ATHM and buy some HSAC. I expect ATHM is going to go down on Monday, but I would think that HSAC has much more upward pressure on it over the next two months as compared to ATHM.
Frankly, the market will do whatever it wants to. It certainly does not listen to any one of us unless you are a Mary Meeker. Anyway, a lot of daytraders, traders, and long term investors are going to jump on HSAC. I might as well join the crowd because this one will likely make some money both short term and long term.
Any thoughts from any of you out there?



To: neverenough who wrote (36)6/7/1999 12:26:00 PM
From: straight life  Read Replies (1) | Respond to of 130
 
"Once I heard the AT&T news I sold HSAC at the close, (IPO shares from E*Trade), don't really know how this news will affect them... "

Then you left a ton of money on the table. First off, EVERYBODY knows about Friday's ruling (check out the Friday moves in AOL & ATHM). Secondly, this will be tied up in court (and probably Congress) for years (probably) and HSAC, ATHM and the like will probably have a large time to market opportunity and last, I think HSAC is trading on the strength of its partners and connections which, let's face it, are golden.