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Technology Stocks : Saville Systems (SAVLY)

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To: Badshah J.Wazir who wrote (24)9/23/1997 11:07:00 PM
From: Mohammed Bhimji   of 261
 
Thanks for the informtion Badshah, I don't follow our own stock too closely (too busy with other investments!! :->) so didn't know that Fidelity purchased a large amount.

I too worry about those types of situations, especially since these types of companies can purchase hundreds of thousands of shares and can literally hurt a company if they sell all of it off too quickly.

At the same time, they are in the business to make money for themselves and their clients so they could potentially sell a large block after the split.

My own feelings are that the split will knock the price down to between $35-40 and we should see a 10-15% gain soon afterwards. If Saville releases good news in the meantime, we could see even higher gains!

Regards,

Mohammed
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