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Pastimes : All Clowns Must Be Destroyed
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To: pater tenebrarum who wrote (29330)4/26/2000 1:05:00 PM
From: Cynic 2005  Read Replies (1) of 42523
 
Read this article carefully.

Message 13502591

And I have one story to add to it. A friend of mine who works for T wanted to buy 1000 shares of the wireless offering and flip right away. I told him it is relatively less risky (as opposed to buying in the secondary market) and encouraged him to go for it. Later he thought 2000 shares may be a better idea because it looks like free money. Since he said so, I told him to go for only 500. I don't know what he will eventually do. But he said that his colleagues are going for something like 5k shares and even more.

Imagine the stampede of selling that will be caused by a majority of these 60,000 employees flipping at the open. They are "sure" that they will make money as they are going to flip right at the open. yea, Right!
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