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Technology Stocks : White Pines Software (WPNE), $ 6 1/2

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To: Kurt_Ruckus who wrote (335)2/14/2000 8:23:00 PM
From: Steve Antonelli  Read Replies (1) of 392
 
So what do you guys think? WPNE up over $3 today. Have you noticed the chart lately. It looks like it has been consolidating after a huge runup .... slow price drop with little volume.

Today the volume was better, but not blockbuster. Should be interesting to see if this is the start of another move. I still think the most likely scenario is that WPNE gets bought out by someone. I would guess sometime within the next 6 months. The stock is still way undervalued compared to other internet stocks, and it seems the videoconferencing and video on the net is about to take off. As soon as we all get our cable modems or other forms of high speed access, the internet is going to be a really fun place to hang out.

White Pine would seem to have a lot going for it right now. My biggest concern is management. They do not seem to have the best men running this company (not yet anyway)...
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