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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Shea who wrote (9970)	7/22/1999 9:59:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

SGI in 16's . . . what a nice earnings report. Hard to resist a buy and hold on a company like this. Perhaps this was what they have needed to get the attention of the street. . . I could go either way on this. . . doubt sell-off will affect them as much as other stocks. . . .may hit 13, but not below, IMO. Then again, if this gets some momentum behind it, it could break 20 next week, despite the market. . . . like I said, either way on SGI. . . no clear indication. Rande Is

To: Kevin Shea who wrote (9970)	7/22/1999 10:38:00 AM
From: Rande Is	Respond to of 57584

Kevin, LOL. . .anymore a daytrading play lasts between 2 and 3 days before it no longer works. . . .but we remember such plays, so that we can recognize them faster the next time. And you are right that those playing the market most aggressively, are getting confused. I have been amazed at the number of long time short-sellers that have started going long on stocks, as of the past month or so. So very strange. There is no doubt now that this last blast of IPOs, has been nothing more than that. . . a final attempt at raising cash before the summer break. I have been warning everyone about getting sucked into any near-term plays during this season. In my opinion, they are for suckers only. Rande Is