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Technology Stocks : p-com (pcms)
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To: Silver Clay Art who wrote (1386)3/5/2000 8:06:00 PM
From: HAMMER   of 1461
 
There was a bunch of convertable stock options given to institutional holders around Jan, I think. They were for around 6-7m shares I think @ 5-6 or 7 range. I believe that these institutional investors are cashing in profits. (as it should be) They probably loaned a bunsh of money and when presented with sure thing of cashing in on a double or triple, they are doing it. But also am seeing strong buying in 16-17 range when it dips there. So think we will see upside continueing. Not really looking for a moonshot. Content to watch it grow a little at a time. Great company!
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