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Technology Stocks : AIRLESS TIRES WILL NEVER GO FLAT (100% RECYCLEABLE) ATYR
ATYR 0.783+5.1%Dec 31 3:59 PM EST

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To: Clay Degenhardt who wrote (78)6/17/1998 7:46:00 PM
From: Tor Van Dyke   of 103
 
Clay, I sure hope you held on to this one. It got a little scary there when we got around $1 1/2. I think we're finally beginning to see some substantial interest.

I just learned today that of the some 3 million shares outstanding, management holds all but about 100,000. So today when the volume reached 50,000, one half of the float traded hands. That is pretty significant, but what is even more significant is that we closed higher than yesterday. What does that mean? It means that we now have a floor from which to build upon. Since so many shares exchanged hands at this higher price, there is a higher average cost per share for the current shareholders. This is good for all of us. There is now less likelihood of a return to any price under $3. Remember, this is what I thought last time this scenario appeared, so I wouldn't bet on it until we see a more confirmed move.

Anyway, keeping in line with my last post, I still don't think this trivial volatility will be of any kind of importance down the road. Unfortunately, there are too many inexperienced traders and not enough educated investors. Good luck.
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