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Technology Stocks : Plaintree (TSE:LAN,NASDAQ:LANPF)
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To: mike t who wrote (1313)9/16/1998 9:16:00 AM
From: Zvi Yammer  Read Replies (1) of 1606
 
Not sure what you mean by loading up but here's the gig as I see it.

Plaintree has a couple of million left over and is working hard to get to a point where they can make an announcemnet in re: the Broadband group and Nortel.

Remember the first announcement off the wire was that the Broadband group would not be effected by the layoffs. this was changed to every group. This was a political move the Broadband group seems to be autonomous and calls its own shots IMHO,

If you think the Plaintree alliance will be fruitful and the stock can get back up to the US 4 dollar range then it might be prudent to avg. down to below the 2 dollar level, For you mike that might mean doubling up on your position.

That might be a good strategy but I wouldn't bet the farm on it cause
history tends to repeat itself and Plaintee has only proven itself to be a poorly managed enterprise governed by legends in their own minds.
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