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Technology Stocks : XLA or SCF from Mass. to Burmuda
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To: D.Austin who wrote (359)4/4/2000 5:24:00 PM
From: UUplink  Read Replies (1) of 1116
 
Doubled position today at 81. We'll see whether this was a good idea or not.

I think that the NAZ meltdown has implications for XLA. It will hurt the value of their non-MII holdings--most of which fall into the category of service related e-businesses that are being crushed in the stock market. On the other hand the abrupt shrinkage of venture capital available to such companies should widen the opportunities for XLA to expand their holdings, possibly giving access to better long-term investments.

Man am I glad they did the EXDS deal when they did!
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