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Technology Stocks : CyberGuard Corp. (CYBG)
CYBG 0-100.0%Jul 23 5:00 PM EST

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To: Superhawk who wrote (1255)2/22/1998 12:04:00 AM
From: Terry Menia  Read Replies (1) of 2616
 
Jas - stock will base here and move between 8 - 10. If it jumps past 10 we're looking at some type of rotation into firewall stocks for whatever reason (I assume we'll see an article or a buyout). Those that think this is a rebound from an oversold condition are wrong - too much volume for that. Remember, you couldn't give this stock away five weeks ago. I don't believe its due to TradeWave either as TISX and SCUR don't have C/A capability. I agree with you - a slow, sustained move would have a more lasting effect. I don't think we'll start making any serious money until we see the NT product as a sales driver. We'll also have to see TradeWave making us some money - or at least the potential to make it. We're in a good position now - I'm only sorry I'd didn't have the guts to buy a few more shares at 4.25 during the firesale like you did. The "good money after bad" theory killed me this time!! 100% return in four weeks - never, ever thought you could do it here!!
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