ViaSat Message Board - Msg: 14591861

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Technology Stocks : ViaSat

VSAT 33.81

+4.4%

Dec 19 9:30 AM EST

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To: Valueman who wrote (707)	10/16/2000 4:22:07 PM
From: Valueman	Read Replies (1) of 1112

Lowest closing price of the year today, even lower than the closes around the ill-fated secondary. Why? I can only speculate. Tax loss selling is always an issue this time of year with VSAT down 20% for the year, and way more than that when compared to early 2000 prices. The momentum folks likely got in at far higher prices and can use the loss now. Most funds close the books on October 31. Add on the disappointment in regards to contract flow in the broadband arena, some shuffling of estimates because of the earnings changes in Q1, and you get a low low price. On a more pleasant, although economically unsatisfying, note, VSAT is back on the Forbes 200 Best list at 65 forbes.com

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