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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: lbs who wrote (494)6/26/1997 2:33:00 AM
From: Dwight E. Karlsen   of 10786
 
I would recommend reading this, that I just stumbled upon just now:

briefing.com

They're cold on smallish Y2K companies. I'm not going to try to further analyse this interview, but suffice to say that I'm certainly going to advise that everyone proceed with caution. The road ahead is going to be very volatile. I have had a vacation scheduled for the next 5 days, and I will be incommunicado from the market for practical purposes. Who knows what will happen in the ensuing days until Tuesday the 1st of July.

At the least, I would highly recommend everyone set a stop loss order. I'm assuming that stop-losses work on BB stocks (first time I've bought a BB stock). I hate to do it, because I can just about promise I'll get my order hit, and then the stock will move up. With a contract with a company like 3M (no specifics were given, in $$ or whether this is just for "pilot tests"), I wouldn't be surprised to see another $2-3 dollar boost tomorrow, though the contract was announced during the market today. That's what I can't really figure. $2.00 and change today for a contract of this size? While 11% gain seems okay, for a Y2K stock it seems like it could be more.

DK
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