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Technology Stocks : Tut Systems, Inc. (TUTS)

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To: FNS who wrote (98)2/11/1999 9:58:00 PM
From: Dakota Sullivan  Read Replies (1) of 293
 
Today's action likely due to 1)unrestricted syndicate buyers flipping after the IPO against relatively small float (4MM I think?) 2)profit taking after big run-up from 18. Stock showed fairly good technical strength last few days in weak market (smaller % decrease than other networkers).
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