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Technology Stocks : PUMA Technology

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To: marion salerni who wrote (556)	9/4/1999 12:41:00 AM
From: Jeff Sutton	Read Replies (4) of 851

Two questions for you: (1) Are you by any chance "citamar" on the Yahoo thread? (2) What is your current position in PUMA (long/short?) Thanks (long PUMA). messages.yahoo.com Don't Be Fooled! by: citamar The spike yesterday was a great opportunity to sell PUMA. The stock is overvalued here and will go lower. Their earnings primarily increased due to a decrease in research and development costs. That doesn't sound like the direction we should be going. The selling today was by the smart money who knows this. Besides, despite the market today, you don't want to be in this sort of stock at this time. I say (just my opinion, but I've nailed this stock in the past), wait until the $6-7 area in Oct./Nov. and buy back. Good luck!

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