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Technology Stocks : Medix - (AMEX: MXR)

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To: REH who wrote (175)9/8/2000 10:36:42 PM
From: GTC Trader   of 226
 
Agreed that it is up to Prufeta on Monday.

With volume steadily increasing the last week, and with it almost reaching 500K today, I would think 600K would be the minimum on Monday with 1M being possible if Monday morning goes well, BWDIK.

The Tech Crash doesn't help, but so far hasn't seemed to hurt MXR. Hopefully Monday will give us a rebound and not a black Monday. I expect a sharp drop at open followed by ups and downs during the day. If Naz closes up for the day, especially if over 4000, then I would view that as a good sign. Of course, with the positive news coming out, if Naz pulls MXR down, it will just result in more buying opportunities, BWDIK.

If we get 1M shares on Monday, then I think we should take out $3.50. I agree that $5 by the end of the week should be doable.

I like your comparison with RMBS. I hope that the rest of the investment community sees it the same way! If so, the next year or two could be incredibly fun!

<< enjoy the week-end - you'll love the next 4 weeks >>

I will hold you to it!

Thanks again -- HB
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