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Technology Stocks : Netscape** what should be the price?**
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To: bull who wrote (121)11/7/1996 11:56:00 PM
From: Reginald Middleton   of 140
 
Like I have said in other posts, the market is presently euphoric (the election, interest rates, the economy, etc.), and many stocks are shooting up. Personally, I would have preferred puts due to limited loss potential. Have patience though, the NSCP bulls are again refusing to face the reality of this stocks value. It will decline once the current boom ends. I am biding my time waiting in front of my computer with my new realtime data feed. Remember, they are going on a roadshow with Morgan Stanley, who's traders are most assuredely doing what they can to prop up the price of thier client's stock, thier fees, and quite possibly their inventory (after all they are about to have a secondary offering). Take a historical look at what happens to the share price of volatile stocks directly after a secondary, no need to take my word for it.
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