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Technology Stocks : eBay - Superb Internet Business Model
EBAY 85.36+1.1%Dec 12 9:30 AM EST

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To: Sabrejet who wrote (5130)8/27/1999 12:03:00 AM
From: Boplicity  Read Replies (1) of 7772
 
I agree with all that to a point. Yes short term change in market psychology happen today, next week holiday will also but a damper on things, but I feel this sept/oct will not as bad as in the past. Too much correcting has happen already and the fed seems to be out the picture for the rest of the year, some of these I-Nuts like EBAY, YHOO, etc etc are viewed as must haves, so the big boys will be supporting them once they get back in the saddle. So I don't see much tax loss selling in them. Also, we will be getting funds from over seas because of Y2K fear that could offset any y2k fear here in the states, so yes we will get a Christmas run. All this Y2K fear is baloney anyhow. My margin amount is the lowest it has been in years, so I'm ready for any deals that happen. I will be putting funds to work Friday in the likes of OCLI, DCLK and ETEK if like the action in them, that is. Also, EXDS might be forming a high tight flag, or it could just fall apart. <gg>

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