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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: crimson who wrote (25291)	11/9/1999 3:52:00 PM
From: Walk Softly	Respond to of 108040

INOD breaking... more tomorrow

To: crimson who wrote (25291)	11/9/1999 4:09:00 PM
From: Blue Voodoo	Read Replies (1) \| Respond to of 108040

I've picked up some FDX today, at 43 7/16, as a sympathy play with the UPS ipo. Not much downside risk. One problem is that UPS is coming out with a huge float, which will make it hard to skyrocket out of the gate (and may therefore in turn disappoint folks accustomed to outlandish ipo jumps). However, FDX is likely to go up some in the morning in anticipation, and could really fly in the coming days if UPS does well. Another plus: it's a story that even stupid money can understand, and therefore chase.