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

To: Robert Faust who wrote (6988)	10/31/2000 2:11:19 PM
From: Zeev Hed	Respond to of 30051

Robert, I believe that like RDRT the market may view this positively, personally, I am of the opinion that start up companies should "first thing first, second never", meaning stick to your knittings. The financial resources required to get their VRD technology off the ground are going to be substantial, and spreading them selves thin might not be wise. However, Mr. K has a knack for raising money at "good rates", so maybe this will big the stock high enough for him to raise the required funding at higher price levels. I just stepped in and I see that this morning gambit paid off "partially", but we never got low enough for my "outrageous bid" to fill. The market is acting quite nicely so far, so I am letting the "profits" run. I'll probably lighten up just a bit before closing. DSome very nice juicy profits from yesterday redeployment. Too bad I did not go all the way down to 20% cash, well, c'est la vie. One good exit is the bu$$ which just went out at $47.125, $5.125 gain in lieu of a big loss from yesterday's sale. As Ex said, guys like I need "a little luck". Zeev