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Technology Stocks : Applied Innovation (AINN) - Network Mediation Systems
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To: majormember who wrote (109)4/6/1998 9:15:00 PM
From: Dave Baker  Read Replies (2) of 468
 
What you are witnessing are "weak hands" fleeing for the exits. For some AINN holders, fear has overcome greed, but note the relatively low volume both today and Friday.

This is a natural event whenever the market takes a stock down a tick or so... There are always those who bail at the first sign of a retracement. This often causes the bid to drop another tick, therebye setting off the next wave of fearful sellers. And so it goes. Be prepared for tomorrow... It is likely that there will be more selling at the open by those who return home tonight and see that their baby (AINN) has done them wrong. This may take us down another tick or two before the buyers rush back in.

Patience will win the day.

Dave in KC
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