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Technology Stocks : CustomTracks Corporation (CUST)
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To: sargent who wrote (712)6/10/1999 12:11:00 AM
From: Mike M   of 2514
 
I will admit that the fact the analyist purchased the stock for his own portfolio is very disconcerting (for longs) and wrong (should be illegal).

I don't know about disconcerting, has nothing to do with the value of the shares or the company, however, I do agree that it is wrong and should be illegal for the guy writing that kind of analysis to own the stock. I also think that J Charles should have a policy not allowing their analyst to buy shares of a company before they release that kind of recommendation. After the market response, however, I see less of a problem.
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