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Technology Stocks : Cayenne Software (CAYN)

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To: vincent sciplini who wrote (835)3/25/1998 9:56:00 PM
From: G. H.  Read Replies (1) of 1096
 
Well there are always two ways to view everything. And in this we
have people who may be disappointed, in that there is no longer a
big short hanging around to cover some day, and we have my personal
favorite. I am glad to see this playing around completed. A while back
I ran down a scenario about a preferred holder who shorted the common
in order to convert the preferred for as much common as possible, just
to turn around and cover his short with some of the converted common.
Well that has been done, our brief flirtation above $3 was testament
to that. So now we are left with the dismal volume for a while until
investors decide whether or not the company has turned the corner.
So my personal favorite, well the preferred holder knew exactly how
to play this, having information that most only dream about, so now
that his game is over this is testament to my belief that we are
ready to see better days, after all he has covered at an area he
preceives to be the bottom. Earnings season is upon us again, and this
time it is do or die, I choose do. I hope we have made an intelligent
choice here as I have loaded the proverbial boat.

Best Wishes to All

Henry
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