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Technology Stocks : Stock Swap

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To: Tech Master who wrote (9599)12/3/1997 1:40:00 AM
From: Andrew Vance  Read Replies (1) of 17305
 
*AV*--I just read the above listed post and must admit I am still quite frustrated. I did load up at 11.5 to average all my share to a nice $17 price which makes me profitable as of yesterday.

My apologies for the "scam" comment but it does seem like this sector is not being given its due. Everyone of the the major YR2000 companies has done a rocket up and crash down in the past few quarters. Its almost like a scam pre-payoff set up. Sort of like a two for one run up. The first run ups we have experienced seemed to me to be the scam. Money was made and then profits taken to create the freefall. Now there is more money to buy in at the same lower prices for the REAL price perfromance as the companies start to deliver solutions. IN my mind, I can't help to beleive that many "artificial" run ups occurred prior to the real performance taking place.

Just my opinion and the opinion of someone who felt burned on the downward cycle of ALYD. A 32 to 12 price erosion was just a flakey as the VIAS, ZITEL, PTUS, CRYSF, CSGI etal situation. Too many companies had a "pump and gun, then run" look to it.

Andrew
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