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Technology Stocks : Alphabet Inc. (Google)
GOOGL 329.34-1.0%1:08 PM EST

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To: Lizzie Tudor who wrote (7510)2/13/2006 5:45:47 PM
From: Trader J  Read Replies (1) of 15857
 
The biggest deal Lizzie isn't the % but the negativity surrounding the issue. It is as decidedly negative as it was positive. And unfortunately, there are not many positive catalysts any longer other than eps performance. We are definitely in a new stage for some time now.

The positive aspect is that with all market leaders, there will be a bottom at some point as well as a secondary fire, there always is. Until that point, it probably still makes a good short or put play until something breaks the trend.

There is good value at some point but right now all the future based valuations are meaningless. They need to make good on one of those irons in the fire within 2 years in my opinion, otherwise they start losing leverage.

Tj
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