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Technology Stocks : PLPT: Pulsepoint Communications (previously DGSD)

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To: LTK007 who wrote (179)1/4/1998 1:34:00 PM
From: golfinggramps  Read Replies (1) of 614
 
Good Morning: I have been reviewing the SEC filings of Dec 29, 1997. I am well aware of the Microsoft filing and the 32.4% stake they seem to have taken. I also reviewd the SC13D filed by Moore Capital Management, Inc. They have taken a stake of 1,646,000+ shares for a 7.4% equity position. The same filing shows that Louis M. Bacon, Chairman and Chief Executive Officer of Moore Capital Management,has taken an 8.9% equity stake with 2,008,000+ shares of DGSD.

The Microsoft, Moore Capital Management, Inc. and Louis M. Bacon stake constitute 48.7% of DGSD. I do not read charts very well or understand TA very well, but I would think that a 48.7% stake by these kind of folks in a $2.00 stock says something that the charts may not decipher.

What am I missing?????

Jim
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