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Non-Tech : The Critical Investing Workshop

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To: Uncle Frank who wrote (369)	11/7/1999 9:01:00 PM
From: Voltaire	Read Replies (1) of 35685

Hi Unc, Tomorrow should prove to be a very interesting day from the Houses point of view. Everyone knows the mountain of MSFT stock they own and that will prove to be their dilemma. I expect the same play out that occurred with Dell after their last split and disappointing earnings. It was the Houses that came to the stocks rescue by letting it down softly the first few days in order to exit without destructive losses. I do not look for the suspected debacle to be as bad as advertised for the first three or four days but the real damage will be seen in about 10 to 15 days. the Houses will suck the retail investor in on hundreds of headfakes and gradually exit a lot of their position and switch to stocks like QCOM and SUNW etc. should see more up and downs tomorrow than one can count. Houses will also use this opportunity to try and scare QCOM investors so they can pick up shares, expect a range of about $15 tomorrow and a finish about where we are. QCOM, no problem, still going to $400 before split. Sorry about 49ers. Voltaire

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