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Technology Stocks : ISDN - GlobalNet Systems
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To: Alex Sharp who wrote (97)6/1/1998 10:53:00 AM
From: Dave Gore  Read Replies (2) of 227
 
ISDN will be at $5-10 per share IF people buy this on future potential

The year high WAS $4.87

The stock could not hold those levels as news and the MM's in this stock took it down on low volume and shorted it.

IF we get exposure and if the volume picks up...the could be an explosive stock. It is grossly undervalued, IMHO.

NOTE: The MM's in ISDN play spread games. Don't let it bother you...just look at the last trade and put in a limit order appropriately. Typically they drop the bid whenever volume slackens off. As long as people do not fall for their attempt to make the stock look like it is weakening (which it is not), then the Bid and Ask go up. B/A will tighten if we get conistent volume. Even if we don't we should go up from here. PNEC was a similar stock that the MM's traded down on low volume. It finally doubled almost overnight. This one could do lots more than that.
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