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Technology Stocks : COM21 (CMTO)
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To: pat mudge who wrote (1172)10/25/1999 11:35:00 PM
From: Panita  Read Replies (2) of 2347
 
12 is a very important line. We are probably looking at this downslide as a result of Funds selling before the October 31 deadline for tax selling. Keeping my finger on the trigger to buy.

If CMTO breaks $12, we may see panic. I do not think this panic will last too long. imho it will reverse within the same day because funds without a position and expecting a slide are waiting in the sidelines. I am watching it real close for the next few days.

On the last panic CMTO hit 10 3/8 (after it failed the cablelabs approval); I expect a new panic will take us to highs $9s.
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