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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM

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To: TEDennis who wrote (1427)6/11/1998 11:30:00 AM
From: White Shoes  Read Replies (1) of 2067
 
TED, for the sake of your retirement set a stop loss at $12 5/8. Today could be the bottom but if it is willing to test $12 5/8 tomorrow I personally would try to get out of this situation as something does not seem right with it eroding the way it is.

I wouldn't be surprised if it turns north and closes the week at $14, in which case you are headed out of the woods.

If you're looking for a speculative stock have a look at Plaintree Systems, a maker of gigabit ethernet switches (not the hottest product but still useful from what I understand). The stock trades at $2 and they have a freshly minted distribution agreement with Nortel who just took a 19% stake.

Disclaimer: I own not a single share of Plaintree Systems. (LANPF)

Your friend

WS
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