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Non-Tech : The Critical Investing Workshop

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To: bowledover who wrote (25999)	7/19/2000 9:39:50 PM
From: Jim Willie CB	Read Replies (1) of 35685

Broadcom got added two weeks ago went from 185 to 240 last autumn Yahoo got added went from 270 to 400 or something stupid several other low float examples similar to this last year HewleyPackard got added didnt go up all that much, probably already owned by institutions then in 1999 summer QCOM got added but they decided to float an additional 7 million shares to ease the buyers' pressure and screw option holders like me and several buddies then again, except for Nov-Dec99, QCOM has screwed everyone probably means 10-15% to the stock, who knows? my ultimate conclusion is that entry attracts hotmoney and that hotmoney sooner or later finds the door but afterwards entry means more stability from institutional ownership their presence represents the total opposite of hotmoney / Jim

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