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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: ed doell who wrote (6649)9/19/1999 1:30:00 PM
From: Mike Fredericks  Read Replies (1) of 13157
 
Your posts this week in regard to this matter have reflected some naivete concerning hedge funds which I won't get into here, but it is my opinion that large holders, whether hedge or not, need to be monitored if you're a little guy. And I'm a little guy.

I agree that big guys need to be monitored. Thing is, that we have one person saying Tudor is buying and that's why the stock is going up, and we have another guy saying Tudor is selling and that's why the stock is stalled. One guy claims to be able to read his level II and decide what Tudor is doing, another says that big guys run their transactions through multiple MM's to prevent people from learning their actions by reading Level II.

Bottom line is that until the next filing, I have no idea what Tudor is doing, nor do I know which one of our resident gurus to trust regarding Tudor. Atheist called one successfully, that may be skill, that may be luck, who knows.

If I knew what Tudor were doing, it would be useful information. But I don't nor is there any way I'm going to know. Anyone who makes investment decisions based on what posters to this board claim Tudor is or isn't doing is doing no better than throwing darts at a dartboard. Buy or Sell IATV based on your views of the fundamentals, maybe even your views of the technicals, but don't buy or sell based on what Atheist or Mike.Com think Tudor may or may not be doing.

-Mike
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