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Technology Stocks : USRX
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To: Robert Stone who wrote (316)6/14/1996 3:50:00 PM
From: Jeff Raihanan   of 18024
 
I am not worried about this week's decline. A 10% loss on no news and low
volume is generally not a sign of impending weakness. My guess is a market
maker (maybe Stansky) is selling to lower the price so other will people bail
out, then load up again when the price hits his target. These kinds of
shakeouts are common during pre-earnings season. Institutions can then
load up on a good stock at a good price, and can use "earnings jitters" as
a cover if they get investigated by the SEC.

-- Jeff

I still expect USRX to be in the 120-130 range by August.
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