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

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To: Eric P who wrote (258)	6/18/1999 2:54:00 PM
From: Eric P	Read Replies (1) of 790

For what it's worth, I just bailed out of LRCX at 40 1/2. I'm basically giving up on the stock. It has gone nowhere for 3+ hours, staying between 40 3/8 and 5/8. It almost seems as though institutional owners had advance word of the Morgan Stanley brokerage upgrade and are selling some of their stock at these elevated level, keeping the stock from rising. Very stagnent stock. It may still go higher, but I'll exit gracefully with only the loss of two commissions... I wish all losing trades were this painless. Have a great weekend! -Eric

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