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Technology Stocks : Hastings Entertainment (HAST)

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To: Drake who wrote ()12/1/1998 8:41:00 AM
From: Apache Indian  Read Replies (1) of 63
 
I got in at 19 3/8, I look at it more like BKS, not a pure Internet play since it has many brick and mortar stores, and every time BKS tries to fly, some ANALists pulls it down.

In an insane market where anything internet goes up 100 % in one day, where 12month price targets are achieved in 12 mts. this stock will fly or rather even soar because of its relatively small float, in a more sane market, it might remain between 14 - 20 bucks. So IMHO Solomon Smith Barney had it right, its a market perform from here.

I'll chance the 30 percent downside for a speculative 100 percent upside.
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