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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Ron who wrote (92827)4/11/2000 9:19:00 PM
From: Jenna  Read Replies (2) of 120523
 
RIMM, I am long 200 RIMM, but my opinions are unbiased. I don't think candlesticks or potpourri or magic lamps will help a stock the day of the earnings report. It is an 'artificially contrived day' when market makers compete with shorters who in turn knock heads with daytraders,.. investors etc. In the long run I like RIMM and not too concerned about tomorrow. I already had a nice fat profit from RIMM in anticipation and will keep the 200 in my 'basket of tech remnants' for the future.

There are no irregularities and I might pick up another 100 in the confusion tomorrow. Its just my opinion that the day after the earnings report is so full of 'guessing' 'wishful thinking' 'being in denial' and panic that it doesn't portray the actual potential for the future of the stock.

Unless RIMM gets upgraded across the analysts board, it might just gap up and pull back. Would I buy more on any dip? Probably.
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