Santa Cruz Operation (SCOC) Going Up? Message Board

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Technology Stocks : Santa Cruz Operation (SCOC) Going Up?

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To: Thomas McManus who wrote ()	12/19/1999 8:38:00 AM
From: Alphonse	Read Replies (2) of 656

Market makers will not be able to shake this one. There will be way too many buyers who would be diving at the chance to buy into this stock. There will be tons of limit buy orders at each teenie the stock is manipulated to fall to. If the MMs were short they'll just accept the losses, change their positions and recover on the way up. There will be shorts covering at market and newbies buying at market too. Not too many people will sell either because they probably will not be able to get it much cheaper. To me it isn't worth risking a few bucks more profit by selling it and then hoping to buy it cheaper. It may just shoot straight up to 45 and make its base. Seen too many good company stocks do that after being 'discovered'. If it were a junk company or hyped by pump and dumpers then it would be risky and will go down eventually. However SCOC is a legit company, in a hot industry with a future and was chosen to be one of the best investments for Y2K by a respectable guy. If anything SCOC will behave like an IPO on its first day of trading Monday. And anyone who purchased it before then got in on the ground floor. So folks SCOC has been priced at $30 and will start trading Monday.

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