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Technology Stocks : Ariba Technologies (Nasdaq-ARBA) -- Ignore unavailable to you. Want to Upgrade?

To: Patsy Collins who wrote (216)	8/3/1999 5:17:00 PM
From: Lucky888	Read Replies (1) \| Respond to of 2110

ARBA -- ARBA is the easiest short of all (RBAK/JNPR)... I shorted around 80,then averaged up @ 120, now I have an average price over $100... What shall I do? :) keep my short position or hold for it to go lower? I feel it is harder and harder not to pocket the 20 pt profit... L.

To: Patsy Collins who wrote (216)	8/3/1999 7:26:00 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 2110

Patsy... re: The Fibo ratios tell us that the 23% retracement is 110.91 (we paused around here during the downturn). The 38% is 94.11 (again a pause), then 50% at 80.53 (today) and hopefully not, the dreaded 62% at 66.95. Fibo ratios... thats fibonacci ratios? I'm a little confused by your post, I think you are saying there is a possibility of Ariba hitting about 67? Well, I think it will go there, but probably not much lower... a fundamental persons opinion only! But anyway if you can explain that sentence very simply I would appreciate it! Michelle