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Technology Stocks : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP?
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To: vampire who wrote (309)9/30/1999 4:08:00 PM
From: David H. Zimmer  Read Replies (1) of 1203
 
A most interesting trading day today. Not only did we receive a telephone call from an intermediary looking for shares for an institutional client, we witnessed window dressing and a "shake-out" as well.

Window dressing is well known to most of you, end of quarter price movements to establish set returns from which investment advisors are paid. A concept that is not as familiar is the "shake-out". It was interesting in seeing this type of procedure take place today, especially after the call which we received.

A "shake-out" is normally accomplished with the seller taking out the bids after placing a lower bid price below the market. In essence, what the seller is trying to do is to "shake-out" shares from weak hands into their own stronger hands.

INTF is poised for greatness. Be patient and do not become prey for what this stock has attracted, extremely capable traders interested in accumulating stock for the long term.
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