Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (5359)	9/21/2000 3:17:47 PM
From: Logain Ablar	Read Replies (2) of 30051

Zeev: Yes but sometimes jumping back in can be an exercise of catching a falling knife. I haven't posted comments on this one for a while (I try to avoid the associated flak sure to follow) but if you really follow the stock you'll notice its recent recovery coinsided with GSTRF's recovery. Lets assume this is due to the assumption / rumor the batteries are in GSTRF handsets provided by QCOM. The GSTRF recovery so far is not due to increased sales but more to financing. Of course the financing means they can pay the payables. Maybe the stock also strengthened if the settlement shares are being distributed. Both of the recent accumulations TA wise have been on low volume (especially if you compare it to the Nov - March volume. On this stock I'm willing to wait for a show me the volume or show me the money. Its not that I hate the stock but I'm willing to miss some gains here. Except for WSTL & ENTU I'm trying to be positioned in stocks guaranteed to hit the #'s. Good luck on this one. Tim

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