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Technology Stocks : ATCO -- Breakthrough in Sound Reproduction
ATCO 15.480.0%Mar 28 5:00 PM EST

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To: Urlman who wrote (381)5/13/1998 12:43:00 PM
From: David Kuspa  Read Replies (2) of 2062
 
Folks, I'm really not trying to rain on anyone's parade, but I have to say that I think the party's over for now. ATCO is doing exactly what it has during past news events. This is a speculative, news-driven stock, since profits may be months or years away, if ever. And with each news event, momentum buyers load up on this issue, along with many other investors who probably don't really understand it too well. When it begins to fade because the spike is built on hype and hope, many get discouraged and get out in a hurry.

I held the stock for over 2 years during these cycles, and recently got out. While I think the quality of the latest announcements has been better than others in the past, I still believe ATCO will settle back down in the <$7 range soon on no further news. This is the time to take some profits, IMO, and you will no doubt be able to buy back at a lower price if you like.

Good luck,
D. Kuspa
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