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Technology Stocks : Copytele - Another XEROX in future

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To: Dan Packer who wrote (1197)3/2/1998 1:15:00 PM
From: Eric Klein  Read Replies (1) of 1320
 
I think COPY is headed to 2 in the short term. It has moved through 2.5 pretty decisively. It may not seem like a big move from 2.5 to 2, but it's a 20% drop.

It will probably bounce off 2. Every time it gets to a round number there's short covering which drives the price up temporarily.

Hopefully this vampire will have a stake driven through it's heart soon. I've been short since the split (post split 9), so it's been a long wait for 0, but it's been satisfying, and sometimes frustrating, following it over the last couple years.
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