The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: JeffA who wrote (82638)	12/27/1999 8:38:00 PM
From: CrazyTrain	Read Replies (1) of 90042

Well at least your wise enough to not to short. You may see some dips in the morning but I doubt is will go as low as you are thinking. Seems to me you thought it would go that low the week after earning and a day or two later CS hit a new annual high. My thinking is that institutions are onto CS an will take advantage of any pull-backs to load up. This is a turnaround play that is solid with or without a buyout. Some corrections will happen and who knows what Y2K might bring but if the whole sector holds up I expect CS to do well. Funny thing is that when I first looked at CS as a buyout 4 months ago we were looking at $25 a share as a "premium".

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