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Technology Stocks : HCOM - HomeCom Communications < Short Term Gain? >
HCOM 14.550.0%Jul 1 5:00 PM EST

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To: Investor2 who wrote (220)5/18/2000 11:41:00 PM
From: Norrin Radd   of 232
 
I think things look better now for HCOM than when the stock was last at $5. I think InsureRate spun off alone could in an IPO be worth $5+ per share, maybe more.

The price will rise after the market makers have bought every share they can get at these prices. They want to totally demoralize the longs to herd them into a bad sell, so I accumulate when things look the worst.

This time in the market is very similar to Sept/Oct 1998. Everything looked like death back then also. It turned out to be a fantastic buying opportunity but many were saying the sky was falling and all small companies were doomed. It wasn't true then and it isn't true now either. But how quickly we forget.....

When everyone has given up the ghost, it's time to back up the truck. Soon comes the time...... but perhaps my market maker buddies will walk the price lower for me. I want to give them ample time to do that.
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