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Technology Stocks : XO Communications (XOXO)
XOXO 34.990.0%Dec 21 4:00 PM EST
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To: uthabros who wrote (619)10/22/2001 2:52:22 AM
From: Ronald P. Margraf Sr.  Read Replies (1) of 1018
 
;-)))))))))

Well looking at the chart, an I'm looking at it now, it could gain half of it's lose but after that it is hard to say. This has a nasty habit of filling in the gaps. Now you have to remember that there is still a lot of profit built into this from the run an the market is jittery about sitting on profit for too long of a time. Not like the old days when folks sat on it an didn't think it would ever go down.

If it moved because of the MSFT news, well that will be short lived, if it moved because something positive is happening fundamentally then it will continue to go up.Also you have to remember that the Sept. 11 event has really goof up the stats and it will take several weeks for things to sort themselves out. Everything an everyone was effected in some small or big way so I would guess it will start over when their 10Q comes out. That will probably be the new starting point IMHO. It wouldn't be fair to say this or that since the 11th but it appears that it would of still declined even if that didn't happen. Now that is just an observation. Although I do think it bottomed when it hit .27. I think it will finially find a home between the 1.30 an 2.00 range for the time being.

Ron
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