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Technology Stocks : NUKO INFORMATION SYSTEMS
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To: hcm1943 who wrote (1971)6/3/1997 4:54:00 AM
From: Peter R Smith   of 3509
 
A couple of points.

1) I agree that a lot of selling yesterday came from daytraders/position traders looking for bounce that did not come.

2) Now more selling will come from those on margin or just wanting out.

3) Only 20 more days in which NUKO can sell product for inclusion in revenues of Q2 and even then doubt they would be recognised. i.e. I think people are beginning to forecast another sh*tty qtr. Maybe 2-3 mill. I personally don't mind as I have invested based on next two years promise not next two weeks, but those of nervous disposition, or in deep sh*t due to margin are now well aware of the down sides of short term SPECULATION.

4) The institutional invester will get a great deal based on current prices. This could be good if he then realises a quick profit and sells to strong hands i.e. CISCO etc.

5) Patience is a hard skill to use, but I believe the maxium
"Buy when every one else is selling may apply to NUKO"

c r a w l walk RUN
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