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Strategies & Market Trends : Temp. Home of Cooperative Group-Trading

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To: Bill Wexler who wrote (14)	6/8/1999 4:11:00 PM
From: Zeev Hed	Read Replies (3) of 790

Bill, I think you would love to short the following: MVIS. The price, IMHO is artificially maintained above $24 for 20 days (some 10 days have already elapsed?) to cause conversion of some low cost warrants (they become "worthless if the stock trades for more than 20 days above $24). No that is no reason to short a stock, but this company will not have a real saleable product (if ever) for at least 3 years (very optimistic), they live off government contracts and printing shares. Management is adept at getting money in, but, eventually reality will set in. Short in the range $28 to $30 (SL $30.5) , target $16 within two months or so. Zeev

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