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Technology Stocks : Full Disclosure Trading

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To: Return to Sender who wrote (6564)	7/31/2003 12:29:36 PM
From: seminole	Read Replies (1) of 13403

OT; <<< How far do you let a winner like MOGN run before taking profits? >>> The rule of thumb I use for drug approval is one half of the stock move comes before approval ($8 to $28) and one half comes after approval ($28 to $48). I would let it run as long as the volume is increasing and as the institutional money comes to MOGN. (% institution ownership can be found at NASDAQ site) I would let it run through the first quarter of Aloxi sales because the doubling of company revenues will put it on a lot of buy list. My ownership; I posted it here as a Buy at $6-7. I bought for my IRAs at $3-5, and converted to a Roth at $6. I bought for my regular and trading account at $3-10. I have a large core postion and my trading shares I have kept since January without a sale.

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