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Strategies & Market Trends : Rande Is . . . HOME

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To: ALTERN8 who wrote (19530)	1/27/2000 12:09:00 PM
From: Mark Konrad	Read Replies (2) of 57584

IAAC...just bought more at 14 3/4 (perhaps too soon but my largest position is at 8 3/4). IMO, there is not widespread knowledge of this stock yet. Last night I was speaking to a very bright broker at Schwab, discussing options, ipo's, etc. He was familiar with all my holdings EXCEPT IAAC and was quite intrigued when I described it to him. Many weak hands bought on the runup to 27 and are getting killed right now. I think they are discouraged and are leaving (most may already be gone). The float is so low; any real news or advertising (or even the slightest mention on CNBC) will cause this one to skyrocket again well past previous high. IAAC is continuing to slide as I write this (14). I wouldn't sell here but would start nibbling on extra trading positions. Anyone else have any thoughts on IAAC? Regards, Mark

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