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Technology Stocks : Compu-DAWN, Inc (CODI) E-TV Co. (ETVC)

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To: GaryGolf who wrote (45)1/22/1999 11:31:00 PM
From: David Wise  Read Replies (1) of 78
 
Gary, I agree about volatility. Looks like it has reached a comfortable level around $5.00 for near term. I also noticed that one of the SEC filings shows some convertible equity was issued that is convertible at $5.00. I don't think these two facts are mere coincidence, but I can't be certain. I'd like to think that someone had much to benefit by getting the price back down to $5.00. If so, it could head back up fast once they've accomplished their goal.

I hate to be so cynical, but the stock market does that to you.

Thanks for the background information. Someone at LocalNet told me that Ted Sr. does come by the office every few weeks just to check in. I would think that he'd be closer to his children after the tragic way his own father died (suicide as his business was failing). Ted turned the billboard advertising business around and the rest is history. Talk about a soap opera!

I'm tempted to buy heavy at the $5 level, but I will wait for a better indication that they have a good business plan and are committed to it. If I miss out on a big, fast rise, at least I have a big enough stake to be happy.

David
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