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Technology Stocks : Pixar Animation

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To: Linda Kaplan who wrote (2415)5/14/1999 8:52:00 AM
From: Steven W.  Read Replies (1) of 3261
 
It looks like some selling pressure at the open. I think the market is looking for a reason to take profits.

That scares me about Pixar short term. A big run-up in a short period of time. If it holds up, that will be a very good thing. Pixar has bucked the NASDAQ many times.

Also with the TSII trailer, it is hard to predict. I am pretty sure it won't hurt, but many investors know this is coming. Earnings are going to drive this from now on. The anticipation of good news and the video sales are going to be catalysts for moving Pixar.

I am making some forward predictions and Pixar has gone it's own way many times. Long term I am a owner. Short term, I trade about 20%
of my position and have no idea right now what to do with it. Holding and hoping to break $50. Not today.

Steve
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