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Technology Stocks : PALM - The rebirth of Palm Inc.
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To: Greg S. who wrote (166)3/1/2000 9:11:00 AM
From: kcmike  Read Replies (2) of 6784
 
Greg,

The distribution will only be about 1.5 to 1. And why short PALM do you ask? Simple.

If PALM hits say 200, which would mean COMS should track at $330 or so, and COMS is selling at 250, BUY COMS and SHORT PALM! You lock in an automatic $80 profit!

I'm kinda like Cap'n Jack though. Never short, but may make an exception.

However, there ARE a lot of brokers that WILL NOT let you short the first 30 days of a new issue.

Good luck all!
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