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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (1026)	4/14/2000 6:33:00 PM
From: Zeev Hed	Respond to of 30051

Tim, I cannot disagree with you, and the fact that VLNC closed under that $13 level is not good, there is some support at $11, but if this bear persists (and unless we see two consecutive days of a tick in excess of 1000, I think that any rally would be short lived), single digits for VLNC, as unbelievable as it is, is quite a strong possibility, IMTO. Zeev

To: Logain Ablar who wrote (1026)	4/14/2000 11:07:00 PM
From: Bosco	Read Replies (1) \| Respond to of 30051

Hi Tim & Zeev - I agree Monday will be ugly too, but not the same reason. Likelihood is that another round of margin calls will go out this weekend, so [hopefully, they won't call me :)!] However, I do not think the mutual fund folks will be doing a lot of selling, since many of them have been hogging cash all this time [unless the fund mandates a full investment policy, like to index fund type.] I ve been buying quality stocks w/o liquidating my leap of junk softwares :). I would like to use the rebound, if there is any, to get out of those. Then, maybe I am even in the long long run! best, Bosco