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Technology Stocks : iBasis, Inc.

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To: Doug Smith who wrote (78)10/14/2000 10:00:57 PM
From: TomT  Read Replies (1) of 211
 
Reason for dowdraft over the past 60 days was due to VCs selling over 2 million shares. This coupled with the negative tone in telecom and fears of slowdowns in telecom spending also contributed to this. Great buying opp now that the VC selling is near complete, along with dist mutual fund managers are doing....
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