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To: Winston Kim who wrote (1593)6/14/1999 4:50:00 PM
From: zurdo   of 10027
 
Winston,
I agree with you....NITE will easily sink into the 30 level...You are being generous at 35....I see 30 to 32....There is absolutely nothing to hold it up.....Anthony is definitely right on this one....It is just beautiful for shorting.....Tomorrow will be a repetition of today, with maybe even more severe damage than today's....These brokerage firms thought they were immune to damage, since they have been the main beneficiaries of the internet short selling....They reached the end of the trail all of a sudden, and didn't realize it until too late...

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To: Winston Kim who wrote (1593)6/14/1999 4:53:00 PM
From: puborectalis   of 10027
 
CLUELESS.

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To: zurdo who wrote (1599)6/14/1999 5:09:00 PM
From: JC Reddy   of 10027
 
It won't.

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To: zurdo who wrote (1599)6/14/1999 5:20:00 PM
From: Erick444   of 10027
 
Nasdaq is to make a big announcement tomorrow a.m. before market opens, said to be that they will open and trade Nasdaq stocks in Japan in the near future. This is a country with money, active investors, and almost the population of the U.S. Just as Nite is one of the biggest players here,they will I can only assume be likewise in Japan and anywhere else Nasdaq may set up shop around the world. I got in this afternoon after hearing this and look for a bounce short term for many reasons, and for long term investors the low 40s is I believe also a good price to enter this stock as well. Regards.

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To: Erick444 who wrote (1602)6/14/1999 5:35:00 PM
From: zurdo   of 10027
 
That should be a very interesting announcement to listen to tomorrow....One thing to remember...Japanese investors tend to be much more cautious than we are, and you may be sure that what is happening to internet investors and daytraders using NASDAQ has been very closely watched by these folks.....They have no desire to dive into dangerous waters.....We shall see, Erick....Regards.

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To: zurdo who wrote (1599)6/14/1999 5:51:00 PM
From: Dave Doriguzzi   of 10027
 
>>I agree with you....NITE will easily sink into the 30 level...You are being generous at
35....I see 30 to 32....There is absolutely nothing to hold it up.....<<


You're kidding right?

How about a PE this year of 32 with a 100% growth rate and beating last Q's est. by 30 cents or 77%.

Even Schwab said that business in the slow month of April was up 88% from last year.

Get a grip.

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To: JC Reddy who wrote (1601)6/14/1999 5:51:00 PM
From: zurdo   of 10027
 
You are the same person who said, a few days ago, that NITE would move up significantly this week, aren't you???....One thing you can say about Anthony...he has a sharp eye for stocks that are headed downhill, and he has identified NITE as a POS stock....

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To: Dave Doriguzzi who wrote (1604)6/14/1999 5:56:00 PM
From: zurdo   of 10027
 
Read the numbers, man!!!...You are only 3 points away from the 30s already....You are the one who should get a grip....

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To: zurdo who wrote (1606)6/14/1999 6:05:00 PM
From: tcd   of 10027
 
Zurdo: I haven't seen you on this board except for the past two days. I'm not sure where you're coming from. If you want to incite a riot, you're on the right track; however, I agree that in the short term, the shorts are having a field day, anthony included.

but I am not a short, having bought into NITE awhile back. your prediction of going to 30-32 has some validity, but so what?

if it does get there, it will be a sensational buying opportunity especially for the Japanese. We have seen this kind of volatility before - panic sets in and the good stocks fall down.

i'm buying. and when the stocks begins to ascend again, where will you be?

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To: zurdo who wrote (1605)6/14/1999 6:06:00 PM
From: JC Reddy   of 10027
 
Of course, it did. It moved up from $51 to $61 in a week. It didn't sustain, that's a different story.


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