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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1
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To: MGV who wrote (828)5/3/2000 1:04:00 PM
From: tuck   of 1013
 
Mark,

Maybe we ought to compare charts, etc. with the period encapsulating the reaction to the announcement of the Edify purchase. I'm getting a sense of deja vu, here. If it goes the same way, SONE is likely near the bottom, will slowly trend up into the fall, then take off again. My calls are May 45s, and since this is the best two weeks for time premium decay, I'll let 'em run out unless SONE gets under 35 quickly (here, I might even buy calls, something I rarely do these days). If it rebounds some, I should still be able to roll for credit. SONE isn't going to run away from me for a couple of months, anyway. I wonder if the RBs or Yahoo!s have posted the test of the downgrade yet.

Cheers, Tuck
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