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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: SJS who wrote (2611)8/22/2000 5:59:34 PM
From: Wyätt Gwyön  Read Replies (3) of 3951
 
Are you 39 again, like some of us?

LOL! I hope I get to be 39 many many times. But today is my first chance to be 34 :)

I was more wondering about news related to SDLI rapid slide today.

We've seen the spread get as narrow as 10-11% (I think) and as wide as like the high 30's%...with the spread now having trended down from the high 30s to under 16% intraday today (as SDLI has risen from 320ish), maybe the FOMC marks the time when the bears feel it's safe to come out of the woods again. JMWAG

[edit: I mean, if you wanted to short this stock, you'd want to do it when the stock was kind of high and the spread was kind of tight. It seems unlikely that the spread will go any tighter than 11% in the near-term. Also, the stock has now run up more than 100 points (intraday) from the recent bottom, and the FOMC runup is now definitely over. I don't know if that's the reason, but it could be.]
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