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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (7476)	5/24/1999 9:18:00 AM
From: Kevin Shea	Read Replies (1) of 57584

Hasbro (HAS) recent price retreat from 37 to 29 may provide an entry opportunity. Price rise may have been a "prequel" to additional advances in the future... My TA suggests that a buy at 27.25-27.5 or so, could be low risk... best to wait a while to see what happens. Remember, $2-3B in star wars related toy revenues this year...should keep upward pressure on HAS..... Beware of the dark force on HAS, the recent retreat looks to be a perfect example of a sell off concurrent with the movie release... (buy the rumor, sell the news)

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