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Technology Stocks : HAXS - Health Axis

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To: Don Hand who wrote (43)7/29/2000 11:22:54 AM
From: Don Hand   of 124
 
I taped CNBC Friday morning (7-9) and watched it this morning. Gary did not help my portfolio but one of the guests
Jim McDonald of Scientific Atlanta made me very happy.
One of my other investments is CCUR and Jim's company is in
a partnership with CCUR. His description of storage on the
network WAS describing CCUR's part of the deal.

Anyway Gary's single promotion was TRW. Oh well...

Although he made two other statements that indirectly relate
to HAXS.

When the talking heads were making a big deal over CNC
CONSECO big tumble on Thursday, Gary wiped out an article
from the WSJ. It was a full page add from Irwin Jacobs
a large investor in CNC. In the ad it was urging other CNC
investors to prevent their shares from being Shorted.
And this is the exact case of HAXS. Shorted to death.
Gary, when pressed by the heads, took a neutral stance.
Just that it was very unusual. The Heads took a negative
stance to the ad.

The other statement from Gary that was worth note. He came
with some article and statistics that said that traders
would have done better with the stocks they sold low that
the ones in which they held over a few year period.
For HAXS holders it means that it looks bad now but hold on
for the long term and it may just work out.
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