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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)
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To: David Patrick O'Connor who wrote (3967)8/11/2001 8:26:47 AM
From: Schiz   of 4081
 
Hey David.

Don't know what's happened yesterday. A significant drop but it doesn't seem to be outside the normal high volatility I've come to expect from thdo. The stock bounced off the 200dma at 3 not too long ago. The 50 dma is currently around 4. A bounce off the 50 dma would be encouraging.

If 4 doesn't hold, 3 seems like a pretty fair possibility. I do believe the worst is behind 3do and it's unlikely we'll go under 3 and if we do it will be for an extremely short time.

But that's just my opinion.
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