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Technology Stocks : MTZ MasTec
MTZ 223.01-0.7%11:25 AM EST
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To: Lou Cifer who wrote (5)1/13/1998 7:57:00 PM
From: John S. Sturges  Read Replies (1) of 14
 
Beg to differ on whether "Wall Street" knows about Brazil, that is why MTZ was down over 50% on fears of the Brazilian currency collapse. However, "Wall Street" is prone to panic and taking advantage of it is usually profitable. We have many young, inexperienced money managers out there who shoot because its moving and MTZ simply got cought up with this overwhelming lack of common sense. Best regards, John
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