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Technology Stocks : TLAB info?
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To: CHIP HUNTER who wrote (1993)1/29/1998 1:31:00 AM
From: Burton Waxman  Read Replies (1) of 7342
 
CHIP: Well it closed above 50. Obviously, while you're worried you still have not closed your position. If you look at the Jan. 3rd. top and sequential tops, you can draw a straight line to today's top. So the move to about 51 should not have been unexpected. Obviously we may see a further resumption of the slide, or else a breakout. Two questions, however, do you have to add more money to maintain your position --- I'm really not familiar with the rules of short selling; and how do you determine at this point what the proper repuchase price is since there is support at 45 and some of your posts indicate that your expecting high 20's to low 30's?
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