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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (42055)3/2/2000 7:04:00 PM
From: pater tenebrarum  Respond to of 99985
 
Les, that seems to jibe nicely with those rumors about problems at the refineries...

re: COMS/PALM, well one thing's for sure, in terms of hype this deal was in a class all its own. hats off to COMS management, they sure milked this thing for what its worth and more.
the wilder predictions made yesterday ($300 targets for PALM were mentioned - on the first trading day, no less) certainly didn't make it to the materialization stage. fact is, with about 70% market share right now, things can only get worse for PALM, not better. at least it has earnings...that's rare for an IPO these days.
to whoever bought the high tick today:
"that money talks, i'll not deny -
i heard it once. it said: good bye..."



To: Les H who wrote (42055)3/2/2000 7:30:00 PM
From: KyrosL  Read Replies (1) | Respond to of 99985
 
Palm gets span off in six months, not two. eom



To: Les H who wrote (42055)3/2/2000 8:41:00 PM
From: John T.  Read Replies (2) | Respond to of 99985
 
Les, In Houston, Exxon has a test market for "fully automated" gas stations. There is no attendant present at the station.

Today, the manager arrived to change the price of the gasoline. Instead on inputing $1.49 per gallon in the computer, the manager mistakenly typed in $0.149 per gallon. The "fully automated" Exxon station displayed $0.14 per gallon on its advertising marque and the price at the pump was 14 cents. People lined up for miles and bought gasoline for 14 cents per gallon. They paid with credit cards at the pump. (Remember, there is no attendant on the premises). Several hours later, the mistake was discovered and Exxon raised the price back to $1.49.

This is a true story.