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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Bernie Goldberg who wrote (13440)11/4/2000 9:48:13 AM
From: Steve Grabczyk   of 18928
 
Hi again Bernie. Yeah I agree. That order for PALM had been out there over a week if memory serves. It filled right away.

My mistake was not pushing it higher when I found out early in the week that PALM was going to be added to the Nasdaq 100 on Friday. There was virtually no reaction on that news so I just left my order out there as it was. I think 24 million shares changed hands on PALM yesterday. My order executed early, and I just stayed away the rest of the day. After the market closed, I put my $67 order in for the quantity AIM wants. It may not fill Monday morning. I think @ 66 15/16, PALM is overpriced. Irrational exuberance.

If I get the order filled, then I'll consider it a gift. Otherwise, I'll just shift back to my normal levels.

Regards, Steve
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