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Technology Stocks : America On-Line: will it survive ...?

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To: James F. Hopkins who wrote (2753)4/8/1997 3:32:00 PM
From: Michael Strope   of 13594
 
Hi Jim,
QDRX is a thermoplastics manufacturer that used to be primarily in the defense industry. When that dried up a few years back they decided to market the product in the sporting goods arena. They use the material to manufacturer golf clubs, hockey sticks, bicycles, etc. The stock is a penny stock which is fun to mess around with but don't bet the boat <G>. It's really low right now and I just recently bought back in (it's at about 5/8). Since I've been messing with it I've seen it up over 2 and made some nice cash. You just have to buy in around 1/2 let it run up and then sell after it tops cause you'll never guess the peak. Check out the graph it's very illuminating. Here's the message board link:

Subject 5590

Now back to AOL. You guys amaze me preaching doom and gloom every chance you get. The company will not go under anytime soon and since you guys are all thinking short-term what do you care about the long-term. I read phrases such as "sooner or later she's gonna fall" that sounds just as bad as over exuberant hope in a long position. I try not to go to the extreme in any emotional sense so this type of talk makes me smile (whether from longs or shorts). The company will not fail soon, it may fail much later (who knows?), but I doubt it. They are working on the system problems and I've never had a problem with customer service so I can only think that these are isolated instances. I think, in the LONG run, this company will only improve and with it, the stock (Of course there's nothing wrong with making a little money on the blips) .

Any comments welcome. Bring the short stuff on. :-)

See ya.

Mike.
O¨O
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