Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (3802)	11/23/1998 8:59:00 PM
From: Bill Wexler	Read Replies (4) of 4634

Wexler remains very bullish on the market! Still way too early to go net short boys and girls! I remain a buyer in: AXP COST CSCO CPU AMAT I continue holding my INTC position. I sold my entire BT position today for 85 1/2. Even though it looks very likely that the deal will go through at around $93 a share, I prefer to book the risk-free profit rather than sweating out any regulatory surprises. The only exceptions I would make right now to the no-short rule is DTLN and TRBO. DTLN's investors seem to be tiptoeing away from the stock as it slowly dawns on them that they've been had - and no buyout deal is in the works. TRBO is still a little bit squeezable from these levels (9 - 10), but the danger of a major squeeze is small, and the stock will inevitably head back to the low single digits.

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