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Technology Stocks : Compaq

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To: Tin who wrote (48737)2/18/1999 1:24:00 PM
From: Jimbo Cobb  Read Replies (1) of 97611
 
** OT ** ...

Tin: BEAR went from low 2's to 4 within a week or so after I mentioned it here....it didn't stay up long (I think management blundered in their timing of the earnings release for one thing) and is since back around $2...I sold most of my BEAR at $3 range but picked up some more at 2 1/4 on the way back down...

BEAR is a turnaround play and they just had killer Valentines sales, but the next earnings report is nearly 3 months away, so it may base for awhile around $2...I think it is a good risk/reward in the $2 range with a great chance of going back over $3 sometime between now and next earnings report.

Jimbo.
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