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Technology Stocks : Ticketmaster-Citysearch (TMCS)

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To: puborectalis who wrote (228)1/6/1999 1:24:00 AM
From: Provocateur  Read Replies (1) of 803
 
No, not yet. Still haven't seen the bottom IMO. Stock isn't showing any strength. It's in the 40s now, could go to the 30s...maybe even lower. It needs something to spark buying interest in it. Another buy recommendation won't hold it up IMO. I will wait until it hits rock bottom and then load up. If it doesn't level off at some point, I will just wait until I see a positive trend with real volume, and then reenter. I understand that people don't want to risk not being on board when the sh*t hits the fan, but I'd rather pay a small premium once we are moving in the right direction, rather than lose $30 to $40 per share just to be on board. But for anyone who is truly a long, you have nothing to worry about as I think TMCS will take care of itself, eventually.

I hope things turn around soon for everyone's sake.

Prov
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