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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: wlheatmoon who wrote (7570)	10/5/1999 12:59:00 PM
From: Teflon	Read Replies (2) of 54805

Good points. I'm making the decision to buy in today because: 1) I think the window will close quickly before the stock reverses course and regains positive momentum. Even if it doesn't, I don't want to risk missing out on the bargain prices. 2) The concerns about the debt, the switch to EBITDA vs EPS, litigation, etc are all NOISE in my opinion to drive trading. Churning holdings in this stock is the quick hit profit opportunity for most of the institutional houses right now, especially with the FED going on national TV in one hour. Henry is always conservative with his outlooks for GMST's future. I think the true value of this merger will start to be realized in a very short period of time, and I don't want to miss out on buying GMST at $68 when this stock is headed to $100 in the near term. Risk/reward scenario at this point, but one I have no problem playing at this time. Teflon

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