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To: Dan Hamilton who wrote (6671)11/20/2000 11:52:16 AM
From: rogermci®  Respond to of 7772
 
She hasn't a clue....I just took some off Lehman's hands at 34 5/8. Good sized chunk too. I am a buyer under 35.

roger



To: Dan Hamilton who wrote (6671)11/20/2000 12:50:28 PM
From: Dave Gore  Read Replies (1) | Respond to of 7772
 
Yep, you have to learn to be patient and take advantage of analyst downgrades or silly rumors or fears. PTKR was a great buy at 16+ last week when overreaction occurred.

I think EBAY has fallen too much and should get back to 40-45 pretty quickly when the market turns around.

In this market, though, you have to be careful to take profits fairly quickly. Nortel fell to 48, then 40 before going back to 45, then went to 38 and back to the 40's, then down to 32-ish and back to 35. In other words, there were opportunities for profits but not if you bought at 48 and held.