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Technology Stocks : UCOMA UnitedGlobalCom
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To: jjs_ynot who wrote (95)2/7/1999 6:18:00 PM
From: Mad2  Read Replies (2) of 489
 
Dave I'm in at 44 and holding at 70 and below, anything over 80 and I'm probably selling. I've followed everything said about this stock so far and I think Steve has a pretty good handle on it. I just don't know if UPC will trade at 2X or 3X it's offer price. I think UIHIA is a buy below 70 (value). Now to answer your question "at what price would you mortgage the house" - honestly despite having made some good trades in the past couple of months I haven't had one Yet that I would mortgage the house for when I was looking at them (MALL, DBCC, FHT, NAVR & now UIHIA). In hindsight however I'd mortgage the house for everyone of them. My point in the last post was simply that you can be too smart in trying to value some of these plays. If valuation were key to the decision all of wall street would own it.
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