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Technology Stocks : SkyMall (SKYM)

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To: wdmak who wrote (969)	4/16/1999 6:30:00 PM
From: Kent Davis	Read Replies (1) of 987

Cramer 2%? I have no idea what his return is. My point was that when bad opinion is out from a widely followed source you're gonna get hit hard. Actually, I agree with the last post about the bozos. I considered dumping on Thurs afternoon at 22 (following the classic "buy on rumor" strategy) and like a dummy waited for the "news" on Vcall. Big mistake. As soon as I heard the call I was miserable. These guys didn't have much good news to report and NO earthshaking news. And to add insult to injury they weren't exactly spinmasters in their presentation. Cramer was just the final slap I needed to dump. I sold before Power Lunch at 19 1/8 and I'm damn glad I did, especially looking at the $13.69 close for the week. And I ain't complainin' about my 14 1/8 - 19 1/8 ride for the week. I like SKYM now, but it scared the heck out of me owning this baby from Vcall to sale on Friday AM. Meanwhile, Investedge (the email letter that got me into this) sent out an update on the day it tanked saying to take the opportunity to "double up." Glad I didn't. Today, they said that there will still be news at the end of the month. It certainly looks oversold now.

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