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Technology Stocks : Remedy Taking a hit why?

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To: Michael Tenney who wrote (281)9/28/1997 12:42:00 AM
From: Suresh   of 763
 
Michael,

the recent weakness in RMDY may be due to the following announcement. You may want to review the following link before making the decision.

rxtools.com

I was also intrigued as you are and wanted to buy the stock for long term. Now, I will stand aside and let the street decide it's value. As an investor I alway's want to look at value (I really want bargain basement price) but as a trader I look for momentum. Right now, RMDY is in between the two and hence I will stand aside.

You may also want to consider the street reaction for meeting the estimate by high fliers in the current quarter. It doesn't look all that promising this quarter for companies just making the number.

Good luck,

Suresh
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