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Technology Stocks : TLAB info?
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To: michael yatchman who wrote (5603)5/27/1999 10:39:00 AM
From: J.B.C.  Read Replies (1) of 7342
 
If you're a long term holder, don't worry it's part of the cycle. The market is indicating that it may want to go lower, the volatile stocks (i.e. tech stocks) would tend to be more affected, the major players know this and are looking for some opportunities. A stock like tlab that has gone up so strongly has that ability to turn around and give up some points if the market in general goes south. Also it could be the mm's shorting to cover an imbalance in covered call writing and put buying as investors protect there gains. Fundamentally tlabs is fine!

Jim
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