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Technology Stocks : Edify (EDFY) IPO -- Any Comments?

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To: Bimini who wrote (266)5/14/1999 12:43:00 AM
From: tuck  Read Replies (2) of 355
 
Scott,

I never said it would increase shareholder value. Nor did I buy this stock because it might get acquired, and based only on TA and earnings. I'm thoroughly hedged, because I agree that a good chunk of the recent rise is due to buyout rumors, and my cost basis is 10. I know how to spell "wary." You needn't worry on my account. I do appreciate your taking the initiative to talk to someone in the company to help dispel the rumors.

I hope I didn't waste too much of your time by posting that worthless press release. I did so because I like to see undervalued (I think that relative to SONE, the company is undervalued) companies toot their horn a bit; I believe that in itself is worth something.

I Wish You Continued Good Luck, Tuck
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