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Technology Stocks : Lycos -- Ignore unavailable to you. Want to Upgrade?


To: eDollar.com who wrote (2391)5/17/2000 2:02:00 PM
From: Florian  Read Replies (1) | Respond to of 2439
 
Watch out for a panic anytime soon!

LCOS @ 60
TRRA @ 45 7/8 ... dangerously close to the magic number

Should I cover my losses or hold onto LCOS?
Or buy some more... because now the stock is getting REALLY cheap.



To: eDollar.com who wrote (2391)5/17/2000 2:58:00 PM
From: eDollar.com  Read Replies (1) | Respond to of 2439
 
Here is my reason. Say LCOS mearger goes thru @ 1.7 TRRA. Now 102 Million shares or thereabouts will be available for dumping. This can very well bring TRRA to 20's. (Like ISLD crashed from 105 to 20). If TRRA has a stable float like CSCO or IBM then this will not be a likely scenario. It is all about techicals and big boys have figured this out, that given if they get $97 TRRA stock by the time they sell it they might get $50-60 out. So they are dumping now to lock the 60 or 70 they are getting.
I think small individuals with 100-200 stocks may get a favorable priceof around 90 but may be they have to wait for a year. You can get 90 with many good 50 $ stocks now.