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Technology Stocks : STOCK MARKET RANDOM MUSINGS NEWSLETTER LIST

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To: Richard Tsang who wrote (19)	11/26/1999 1:29:00 PM
From: DAVID BANISTER	of 41

Institutions were buying today again...light volume of 100,000 shares... but new highs near 42 close today. I keep my targets conservative on purpose...market also due for pullback near term I think...MGIC could fall back to 34 range... long term its going much higher. With the kind of investor clamor we could have and low float... it could hit 100 easy.... but I'll keep my conservative hat on... I see 55 end of january for sure.... 85 end of 2000 (safe bet now). Still holding and not planning to sell, its still only 32 times 99 numbers.... a fair value now (if not cheap still). Look for HOOV to make the next pop once their sector returns to favor...might be awhile... I may have got in too fast... but I'll hold...damn interest rates are backing up again.

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