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Technology Stocks : Storage Dimensions - STDM
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To: kvogel who wrote (71)6/11/1997 7:57:00 PM
From: Sparky Beardslee   of 311
 
kvogel:...I agree with much of what you say; I don't see much downside from here; and I do agree, if the MM's take the stock down, it will be to scare in the rest of the sellers before moving it higher. I definately want to be in the stock when it takes the elevator to $10. I don't see that happening for awhile. When I suggested a coreection, I did not meant to imply STDM will suffer with the rest. Just that buyers will be standing aside. The stock should languish here for a while. I do beleive we will see an intraday low where the mm's try to scare in the remaining sellers. That will be a great time to buy; and yes, it will be over in minutes. A GTC order might be worth the offer just in case. I only dissagree with you re: major resistance @ $7. This will be tough to get thru, as the next move should be to $10.

Sparky
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