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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO. -- Ignore unavailable to you. Want to Upgrade?

To: Jon Khymn who wrote (3001)6/19/2000 6:35:00 PM
From: Adam Nash  Read Replies (1) | Respond to of 3198
 
With this kind of preannounce, the only thing that can stem the downward tide will be the actual announcement itself. Since that is over 6 weeks away, I'd expect to see pretty flat behavior, with a general downward bent.

If something great is announced, however, we could rebound back above 10. But more times than not, these type of things take months to work past in the best conditions.



To: Jon Khymn who wrote (3001)6/21/2000 2:57:00 PM
From: david james  Read Replies (1) | Respond to of 3198
 
A rather quiet thread I see. I think some hedge funds have been having fun with a few stocks lately. Watched NWKC drop to under 4 and had to finally buy then HLIT to under 37, and now DRIV to under 8. I may not have picked the bottom but 7 3/4 is close enough.

"Window dressing" may keep this stock under 8 until the end of the quarter (in 10 days), but I think I can wait that out.


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