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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.31

0.0%

Dec 26 4:00 PM EST

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To: Logain Ablar who wrote (40571)	1/6/2004 8:08:34 PM
From: Johnny Canuck	Read Replies (2) of 69284

I think the old target at the height of the tech bubble was $100. Given the reduced run rate of Hynix and Micron, your $70 target seems more reasonable. I still hold a bunch of this stock from before it got caught up in all the hype and lawsuits. Amazing the RMBS thread on SI used to be one of the most highly argumentative with extreme traffic. Most of that has died away as patience has worn thin with the legal wrangling. Despite the validity of their patents, the judgements have been all over the board. I guess it became too much of a wildcard for a lot of investor and traders.

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