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Technology Stocks : Tekelec
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To: John Curtis who wrote (1199)12/7/1999 10:34:00 AM
From: Andre Daedone  Read Replies (1) of 1648
 
John:
It seems the market makers and investors alike want this stock to be where it is. When they took it down to the 11-12 range I bought in and the volume hasn't been that great so the market makers could by rights walked this down but they haven't! The reason is that TKLC is undervalued considering today's valuation and market conditions. It is going take higher volumes to move it from here which I thought the recent news releases would do. The market seems quiet today, almost like it is ready to correct?

Andr‚
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