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Technology Stocks : Vanstar
VST 166.60-7.5%Jan 16 9:30 AM EST

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To: Gary Ku who wrote (302)11/27/1997 2:08:00 AM
From: Mark Carson  Read Replies (1) of 420
 
Why would you double you position on a losing stock? Traditionally IPO's that are down past their offering price under perform significantly. Don't try and bottom fish in this fashion, reverse momentum investing just gets you burned. If it drops to 8 and then begins make strong returns with several stable quarters - than its time to thin kabout getting in heavier.

Mark
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