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Technology Stocks : UBID - an IPO spinoff of Creative Computers
UBID 3.0000.0%Jan 21 4:00 PM EST

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To: Mac S. Giballa who wrote (286)12/24/1998 1:10:00 PM
From: SHGLaw  Read Replies (1) of 581
 
To those who are long, don't let the gleeful give rise to panic. Remember that this happens along the way, and those who, for whatever reason, are enjoying the drop want every greater fear to strike those who are long to shake their confidence and feed into the selling.

Again, a thought for Christmas. Look at the eBay chart. There is nothing surprising about a drop. The shakeouts happen, and the weak have given away their leverage which is what the shorts want and need. Make your decisions with a clear head, and not because of panic. When this stock, with orderly trading, hits new highs, these guys will be long gone and longs will reap the rewards of calm, clear, deliberate forsight. Patience, not panic, will be rewarded. And the silly posts today will be nothing but a footnote.

SHG
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