Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: GTC Trader who wrote (18435)	6/21/2001 9:05:15 AM
From: Zeev Hed	Read Replies (2) of 30051

A SOCK?I am not sure what yo mean. I realize the valuation of EBAY is huge at a PE of 200 plus and a PS of 15 to 20. But, this stock is not that far from an all time high, maybe the market knows something we do not? In the meanwhile, EXDS has just printed a new low in the pre market at $1.65, where I decided to get in for a bounce to the $2.06 or so for a 25% gain (or a 50% loss?). If it gets that low, I'll probably double up for a GTC. The company is surely trying to put a "smiley face" on sour situation, but they actually are the leader in hosting services, and have some of the best I-nut companies on their "roster as clients". It will take a good two additional quarters to see if they can survive or not, hus we should have some powerful rallies of hope sooner or latter. Zeev In edits, oops, I am already down 10%.

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