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To: Fraser Parsons who wrote (117)12/9/1999 11:03:00 AM
From: R. Bond  Respond to of 406
 
The market maker Sherwood is all over this stock for the past 2 days. They are defining the movement. They are selling to all comers. Other MM's can just follow their lead. Technically the stock has a horizontal line on the intraday chart at 62. Sure enough Sherwood took a stand there on the way up from today's bottom (so far). They are hammering the stock. Oh! they just got off it at 62. Going up?

Look at the daily chart. It's not surprising that there is a pullback. And remember, this stock has been very volatile.....as it continues to be. It's gut-wrenching stuff. Not for the faint-hearted. Relative strength is at the bottom, it should come up a bit from here.

Hang in there. "It's a bull market you know." And Microsoft is a big investor. I'm happy to trade WITH them.

Cheers,
Bond



To: Fraser Parsons who wrote (117)12/9/1999 11:23:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 406
 
I haven't heard any news, perhaps the stock is in a consolidation phase before the analyst coverage starts next week,we should start seeing some coverage even as early as Monday since the QP expires on Dec.12th and perhaps even some news from the company.


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