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Technology Stocks : Opticom ASA (OPC - Norway) Data Storage of the future!?

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To: cherzeca1 who wrote (73)2/3/2000 5:11:00 PM
From: Jimmie Landerman   of 84
 
As usual Opticom skyrocketed without any particular reason. There were some kind of an interview with Gudesen for a couple of days ago, he said something like "the world haven't understood how big this is". But I cant believe that that would be the reason for todays race.

My guess is that, after a lot of days with a pretty low amount of shares traded, there was a need for buying (maybe from funds). Opticom broke the psychological very important 2000 NOK level, and after that not to many were to keen to sell (the ones who were rather wait for the price to settle) and the price exploded up to the fantastic level of 2290 NOK. I also believe that there is some truth in the rumour about some american firm putting a target price of 4500 nok on Opticom and maybe what we see is a great buying interest from some bigger investors in USA!?

Well, only time will tell, and since my other holdings have (also) done very well lately I'm not to worried about selling or anything, and hope that Opticom sooner or later will deliver what they obviously are expected to do!
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