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Technology Stocks : Coyote Network Systems (CYOE), Mixing It Up, IP and ATM
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To: Mama Bear who wrote (352)3/19/2000 6:11:00 PM
From: TraderXx  Read Replies (1) of 360
 
Barb....being new and long this stock, I am interested, as an objective investor and certainly willing to go long or short at any time, in your views with the outlook of this company. I notice that you have gone short on a number of stocks, with justice, and I get the impression you are short this one as well. I also LOVE to go short on stocks that I feel are too high on hype and price. But.....looking from the standpoint of just how this stock has reacted chartwise, one has to admit that there seems to be tremendous support(with huge volume) and institutional buying going on here just from the past weeks and therefore my reason for going long on CYOE. Again, there is nothing I like better than going short on some of these overhyped companies with overpriced stocks, but its obvious through just objective technical analysis, that there is a good chance this stock is moving higher. Just merely following the trend......

Thanks

TraderXx
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