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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: gc who wrote (2746)10/14/1998 10:36:00 PM
From: Melissa McAuliffe  Read Replies (1) of 4509
 
gc, It may go down tomorrow...I agree. Sad but true. This market sucks, that's for sure. But if sebl goes down then it's only going down because of the current market sentiment...nothing at all to do with the company or its future growth prospects. And actually I'm not sure it's going down tomorrow anyway. Though I wouldn't bet money on the fact that it's going up.

I guess the only reason I left that post was to indicate how, as usual, the big money knows a lot more than we do a lot sooner than we do. And, more importantly, they know how to use that information to their advantage.

If this was another example of manipulation, what they did was get in today at a lower price. Then they'll wait until the price gets driven up tomorrow by all of us little guys who buy based on a positive report. Then, as usual, they'll dump their stock at a nice profit driving the price back down. That's just how it happens it seems.
Melissa
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