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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE
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To: LLCF who wrote (459)3/8/1999 5:28:00 PM
From: Mike McFarland  Read Replies (2) of 613
 
You know, with five brokerage houses all
rating Gene Logic a moderate buy, you would
think that they'd do a little something to
support the share price. Do you suppose
they're all waiting to see it test the old lows
in the 3's before they start buying? That
would do a couple things--it would shake out
a lot of the individual investors, and then
the chart would do the magic double bottom, and
up she goes... I always wonder how much control
those guys have, whether there are hedge funds
shorting etc etc. I guess you cant really know
anything--and so everybody has come to beleive
that all information is communicated through
the stock price--and the trend in GLGC sure
does not look good.

That said, if any of my stocks had paid off by now,
you can be sure I'd be buying some glgc at these
prices--I'd do 500 shares times 3 over a few weeks
just in case it's not at the bottom yet tho.

Just more useless banter from Mike!

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