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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (33167)7/6/2000 8:31:33 AM
From: Dale Baker  Read Replies (1) | Respond to of 33268
 
The bottom line stays the same - RACE sells more of its product, the share price goes up. No big deals and it's back to $4.

Then there are folks like Marshall who want you to buy the HOPE that a BIG deal is just around the corner, and the share price HAS to go up based on the hype.

I have a stop order in place if RACE takes off to the upside. But I really expect to close this short down around 5 in the near future, absent any news of the kind the Yahoo board has been touting.

Good luck.



To: Lawrence Burg who wrote (33167)7/6/2000 1:45:25 PM
From: Dale Baker  Read Replies (1) | Respond to of 33268
 
You can't rely on support lines much in a stock driven by news and hyped up expectations of more news. I just took profits in a RACE short for the fifth or sixth time since last year.

The next time it's pumped I will be there again. RACE is a great moneymaker for patient shorts.


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