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Technology Stocks : Copytele - Another XEROX in future
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To: Tim Kenney who wrote (1033)11/4/1997 10:34:00 PM
From: wolfdog2  Read Replies (1) of 1320
 
Tim, you express my sentiments very well. I, too, covered in anticipation of a move by the copy bulls. I think for once that the lack of reported sales is throwing a monkey wrench into plans of COPY fans at the moment.

But don't lose hope just yet. The January effect may still take hold and push this stock higher. At the moment I suspect that year end tax loss selling is depressing the share price. After all some of the Copy bulls are (or were) sitting on ~40% losses for the year. Kicking Copy out of their portfolios to nail down the tax loss may be the only way they can get any financial benefit out of the stock.

I have every confidence that come January, COPY-mania will yet again take hold.
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