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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: tech fool who wrote (25350)	2/25/2000 11:37:00 AM
From: Johnny Canuck	Respond to of 69097

Hi tech fool, >>somebody put a $150 target on MRVC a couple of weeks ago...you don't >>think it can get there? I think we just got the answer this morning. I know there is a $300 dollar price target floating around too. I think the companies that they do have under development are in exploding areas. The lack of information makes it hard to value them though and there is no way to gauge execution. As long as this situation exist and the momentum in the group is positive I think we go higher. My sense of caution has to do with the fact that once we do have a reversal we will fall quickly due to the lack of way for value investor to pick an entry point. I plan on enjoying the ride, it is just not a stock you can buy and forget about for weeks and months at a time.