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Technology Stocks : MBT International Inc. (MBTI)
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To: Andrew G. who wrote (127)3/10/1999 7:37:00 PM
From: Hal Rubel  Read Replies (1) of 212
 
IMHO -Relax!

MBTI is after all an internet stock. They rock and roll violently. Our float is very small so an investor looking for a modest position can move the shares 20% in an afternoon. Note that the volume is rather low. There must not be very many shares held by eager sellers. Also remember, many bought in at the $8 - $14. They will not sell anywhere near these levels so supply will be tight.

Too bad, I was going to increase my position 50% at $3. Just goes to show that the shares are being watched.

Hal

PS: Real interest will send our shares up as much as 40 -60 % in a day. I think we will have a couple of such days within the next 6-8 months. In that case, I plan to sell and buy back after the inevitable correction.
HR
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