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Technology Stocks : EPAY

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To: William S. who wrote (89)2/16/1999 6:43:00 PM
From: Mr. Big  Read Replies (2) of 717
 
EPAY and PRGY are one of the few Internet stocks where most people have not been burned and are within 10% of their highs. EPAY has low downside risk and they are a stock thats in the right place at the right time. Their contract with the Federal Reserve is their contract to print money for its investors. Every bank, S&L and CU will be looking at this software in the next two years and they will be the LEADER.

60% of the float traded today and I bet there are quite a few of us holding for greener pastures. I'm very comfortable with todays valuation, even with the market looking ready for a nosedive. Expect this leader to remain relatively unscathed in a market downturn and expect $40-$100 if the market can regain its legs, even trend sideways...

Expect news in the next three weeks, followed quickly by an analyst upgrade (approx. 30-31 days after the IPO).

Good luck all!

Mr. Big
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