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Technology Stocks : FNCM Finet.Com

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To: $Mogul who wrote (975)4/20/1999 11:12:00 PM
From: BP Turk   of 2420
 
I think that unless the market takes a downturn, the new bottom on this stock will be between 10 and 10 1/2 and any news will make it double. The significance of the buy and strong buy recommendations in my opinion is that this stock is going to have alot of upward pressure as soon as it dips below 10. I'd be content with holding the majority of my shares at least till e-loan and until then just make money off the 10-13 range of trading that I expect once things calm down although I think this range is going to rise very quickly. I think any new investors and any current investors have to remember that when a brokerage house puts a recommendation on a stock they will do anything in their power to validate it. We should see a steady increase of money inflows over the next few days, and weeks. I also think that we will see a steady increase of the bottom on this stock as investors get a feel for its tendencies. To all potential investors, get in now or in a few weeks you'll be watching Joe Kernin talking about a little known internet stock that hit 40 today. Good luck to all.
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