Encounter Development Technologies Inc. (ENTI)

[deerland]

rookie too, but the Ptel is locked for 6 months. I did read this yesterday and think it looks good for MMX. The site also includes a social network


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Weekly Wrap Up Economic News Business News Technology Focus


Exuberant Days for LinkedIn
It looks as if even LinkedIn’s bankers underestimated the hype. The shares more than doubled on the day of their debut, meaning underwriters left more money on the table than they harvested for LinkedIn (LNKD: Charts, News, Offers)and its selling shareholders. BUT IF THE HYPE DOESN’T WEAR OFF SOON, THE SCARCITY VALUE OF SOCIAL NETWORK INVESTMENTS SURELY WILL.

LinkedIn’s market value soared to $8.9 billion on Thursday. Underwriters - in this case Morgan Stanley (MS: Charts, News, Offers), Bank of America (BAC: Charts, News, Offers) and JPMorgan (JPM: Charts, News, Offers) - like stocks to pop, but usually have 10 percent or so in mind. THIS KIND OF GAIN, FED BY SENTIMENT SEEMINGLY DIVORCED FROM FUNDAMENTALS, HARKS BACK TO THE DOT-COM BOOM OF THE LATE 1990S. (Source: New York Times) Click here to read the full article


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