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Strategies & Market Trends : Sharck Soup

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To: DebtBomb who wrote (27417)	6/13/2001 12:26:45 PM
From: American Spirit	of 37746

KMAG - dog at the bottom? Now at 51 cents, this is a small but active and fairly well-known hard-drive company which is supposed to be getting refinanced soon. If it holds fifty cents it could pop big on the news percentage wise and fast. I bought some as a doggy recovery play. KMAG down from $2.50 last year and was hanging onto 70 cents for am long time. Today's drop might be an over-reaction to those scared of de-listing or worse. I wouldn't think they're going out of business and computer sales should fare better second half and beyond. Gas prices are still over $2 here in Cal and the oil stocks have pulled back. Like them here while no one is paying attention to them. Bought some NOK and PALM yesterday and LU today. Strictly bargain hunting into the negativity. Tried to buy EMC, VZ, AAPL and ERICY yesterday but just missed my prices. Trying to buy into the over-reactions. Like I did buying SCNT at 1.01 a few weeks ago. Now around 1.30. All these I'd just buy and hold for better days. They will come.

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