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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Benjamin A. Meyer who wrote (63313)9/30/1999 7:54:00 AM
From: jimbos  Read Replies (1) | Respond to of 90042
 
I am positively stunned by BEAS's move. I held quite a while and was underwater part of the time. You could tell they were starting to get bought by the institutions and when they had that no news 4 1/2 point spike on a Friday I sold positive I would be buy in lower then my initial price. Well since then you've seen what has happened. The reason for selling, no news, and a funky looking overall market. I truly do believe that BEAS will be pulling back shortly to the 30 range, just feel that the overall market will weaken further and take BEAS down with it. No idea on a HP buyout, but feel their ad campaign can do nothing but help the stock price.