Jacada Ltd (JCDA) Message Board

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Technology Stocks : Jacada Ltd (JCDA)

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To: Bill Barry who wrote (344)	6/8/2000 10:57:00 AM
From: BRA	Read Replies (1) of 401

Bill, I agree. It looks like a lot of the selling pressure over the past few months can be attributed to general market (NASDAQ) weakness, a weakness with Isreali stock in general, and Morgan Stanley Dean Witter selling upwards of 1.5 million shares from their institutional side. In the past few days we have seen more buying pressure as Goldman Sachs started buying for their institutional side (its always a good thing to have Goldman on your side), the Nasdaq is strengthening, and Isreali stocks are stabilizing. I think it is possible to get back into the twenties without too much overhead resistance. I like the fact this is a slow, determined climb over the course of many days and not just one frantic buying spree that lasts half a day. Good Luck and Happy Trading, Brett R Allen (BRA)

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