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Technology Stocks : Xerox (XRX) -- Ignore unavailable to you. Want to Upgrade?


To: borb who wrote (283)9/20/2000 11:51:11 PM
From: P.M.Freedman  Respond to of 431
 
I don't see a bottom yet. The buyout rumors were just for the witching playing. Tax selling is coming. $12 make me feel better on charting.



To: borb who wrote (283)9/21/2000 4:15:33 PM
From: Yogizuna  Read Replies (2) | Respond to of 431
 
It is almost always extremely difficult to pinpoint the exact bottom on beaten down shares like XRX, as shareholders and fund managers who got burned lose patience and keep selling, and others start to panic and just want out at any price..... If the shares get as low as P.M. Freedman says, around 12 dollars a share, I would most likely buy some more. For now it's a hold. Yogi