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Technology Stocks : NUKO INFORMATION SYSTEMS

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To: kolo55 who wrote (3136)10/31/1997 4:13:00 PM
From: Johnathan C. Doe   of 3509
 
"Today is the last day mutual fund managers can sell this stock and report the tax loss
in the 1997 tax year. I think that may have put a lot of pressure on the stock this week.
I think we've seen the low until the Q report."

One year ago at just about this time FSCX explained their drop in stock price with similar thinking. Look at the chart on FSCX and you will see that it went lower after the end of October. The tax angle doesn't hold water. It particularly doesn't if you consider that revenues are sequential down and lower than a year ago. They don't seem to have a product to sell anymore. Their alliance partners aren't generating revenue per last earnings report.

I do agree that Bill's personal attacks have not be right. As many bears in a thread of bulls experience though, he has in fact been right in spite of being trashed for having his bearish position on the stock and scorn for the bull's reasoning. He may not be a nice guy, but he has been more right about this stock than anyone else. More right than I think he ever though he would be.
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