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Technology Stocks : America On-Line: will it survive ...?

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To: Pikewest who wrote (4233)8/2/1997 11:13:00 AM
From: Tom Lu   of 13594
 
I knew those firms sometimes played very strange strategy, if it's so this time, they were lowering the estimate, and push the stock up, so even if it beats the estimate (which I don't even believe it will), that would be the best timing for those big holders to dump theirs. Like Sybase last year or the year before, when it was $32 or so, it reported lower than expected earning, but those firms still held tons of it, so they gave a very bright future blueprint on the company, and the stock moved up to $35, and they never saw that high after wards.

enjoy the ride up and down, I will hold my shorts for the crash.

Tom
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