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Strategies & Market Trends : Sharck Soup

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To: Softechie who wrote (36033)	9/25/2001 11:34:20 AM
From: StormRider	Read Replies (1) of 37746

joined you on this bitch again... here's something someone wrote on yahoo... I am new to this stock, but have followed the company for awhile. Live in the Tampa area and they are still viable and around. Just noticed in the paper that they are still hiring and actively at that. My 2 cents on this entire MCLD diaster is that the stock was holding well at the $1.20 level until the WTC diaster. Mutual funds were hit with redemptions, and I am referring to the Putnam group here since they are the largest holders, and you also have the end of the quarter. This in itself brings the quarter ending window dressing. These 2 things mentioned have just compiled so much pressure on this stock over the last 2 weeks. I would imagine that in the next few months we will see that it has been Putnam doing the majority of this selling. My best guess at a trade would be to buy here, or at least wait to a day where it is seeing downward pressure and then reverses and goes positive.

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