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Technology Stocks : Veramark Technologies Inc. (Nasdaq: VERA)
VERA 25.92-8.9%3:59 PM EST

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To: E. Graphs who wrote (113)7/29/1999 11:39:00 PM
From: J_W  Read Replies (2) of 221
 
Hi E,

I just took a look to see what your buddy Monty has been up to.

quicken.com

He has filed to sell a total of 30K shares. Not enough to worry about IMO.

On the positive side a director bought 3K on May 27th @ 6.25 a share. Also a number of insiders exercised options all priced @ 4.99 on June 25th totaling 3K shares.

*OT*

My ST venture into NITE was very ST. I took a quick exit with a small loss after they reported excellent earnings but the stock did not respond. NITE closed at 44 today. I am still watching it waiting for it to stabilize before I try again. I think the support at 42 is going to break given the negative market.

beta.iqc.com

Managed to snag another IPO. No I didn't get DSCM but I did get CMDX. This one won't be another ARBA but I'll take it.

I saw your post on the LSI gap. Looks like a ST double top at 53. Without any news and the negative market it is going to have a tough time breaking through during August. In Sept we will have Sony's PS2 release which should do the trick.

beta.iqc.com

OPMR looks strong. Finished slightly higher today in spite of the negative market. Next resistance levels are 14 then 16 (Blue Sky!!). They made more installations than anyone expected.

beta.iqc.com

Re: I try not to watch RMBS.

LOL. Yeah this one will give you vertigo. But the next two months should be a lot of fun. The last three months RMBS has made good moves to the upside around options expiration. Something to watch for. As I posted on the RMBS thread this one has been like a real daytime soap with all the twists and turns it has gone through.

I keep watching for anything that could be a show stopper for them. To date I have found none. Yes there are still a lot of bumps in the road ahead. But there are a lot of people hard at work on those bumps at INTC, RMBS and all those companies that that licensed the technology. It may not ramp as fast as some people would like but it will ramp.

beta.iqc.com

Take care,

Jim

PS for bp: Hi Betty!!

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