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Strategies & Market Trends : Value Investing

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To: Steve168 who wrote (17262)6/17/2003 3:36:43 PM
From: Paul Senior  Read Replies (2) of 78700
 
Steve168: Yes, have VICL.

Two small buys on 6/13: @4.22 & $4.00

I have no opinion, new or old, on their business. As regards the stock, in retrospect I either should have waited a little longer to buy, or bought more as it dropped further. There has been a decent recovery in the stock today.

I look at it as a dance among several groups - people who want to get in because they believe the window of opportunity is closing on these below cash plays, people anxious to put funds into the market to catch winners, and people anxious to move funds from slow moving stocks into either fast moving stocks or into cash.
To hold VICL means to be patient (I am guessing), and that might not be what people want to do right now.

Paul Senior
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