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Technology Stocks : USRX /COMS - and other "stuff"
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Price Monger who wrote (4325)5/28/1997 8:15:00 PM
From: Jeffery E. Forrest   of 5244
 
I read an interesting piece awhile back about stocks that are approaching the 100 mark.
As we all know there is an interesting mental phenomenom that occurs when confronted with round numbers.

$19.95 SEEMS much cheaper than 20 bucks. 100 seems like a much larger number than 99.
Ivory is 99 99/100% pure.<G>

Anyhoo, this study noted that stocks in the 80-90 range appreciated MUCH more rapidly than the norm. 100 acts like a magnet.

The point of the study was that it might ber a good idea to buy GOOD stocks that are in the $80-90 range

Look at what the DOW does when we get to 100's and more importantly to 1000's.

I see 100 VERY soon. Hell mebbe by the end of the week at this rate!
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