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Technology Stocks : Excel Switching Corporation (XLSW)

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To: Maxim Troukhan who wrote (38)5/4/1998 5:19:00 PM
From: Sam Nizam  Read Replies (2) of 222
 
According to the CFO at XLSW, the lock-up period ended today. That means that this is the first chance insiders have been able to sell since the IPO.

Most of the time insiders have owned their stock for a while at cheap prices and it would be normal for them to take some money off the table.

CIEN had a similar dip when their shares were released from lock-up. I am buying on this dip as i believe it is only temporary.

Good luck,

Sam
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