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Technology Stocks : HARBINGER (HRBC)
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To: Slim Pickens who wrote (40)12/11/1997 3:58:00 PM
From: jeff conn  Read Replies (1) of 402
 
Very nice links. I thought it was interesting that the short position in HRBC went up dramatically while the short position in PRMO shot down. As far as TA, I'm really no pro but I have noticed recently HRBC bounced off 25 a couple of times and rebounded quickly to 30 when the market turned. Thus, I was very suprised that it broke its support level at 25 and now were down to 22. Long term this is a great entry level, I picked some up at 23, but after seeing PRMO trade at 5+ in the spring, which would be 12 range for HRBC, anything can happen. Yet, I would be shocked if this stock continues to fall, more likely, it should again rebound quickly when the market turns. See also ARSW
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