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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: Findit who wrote (25697)	11/18/1997 4:35:00 PM
From: Jim Rokosh	Respond to of 33268

James, this was not an IPO that opened at $24.50! It was a very good investment as it made new highs on its way to $24.50! We just need to learn when to sell and take our profits! As a rule, Wm J Oneill (Investors Business Daily) indicates that you'd do much better picking up shares of stocks that are reaching new highs, vs buying shares of stocks reaching new lows!

To: Findit who wrote (25697)	11/18/1997 5:14:00 PM
From: Jeffery E. Forrest	Respond to of 33268

James, in order for the strategy that Jim outlined to work It HAS to be during a bull market AND even more importantly, You have to choose a company with good fundamentals. RACE at it's highs had NO earnings, NO customers, lawsuits pending, Heavy debt load, questionable convertibles, terrible looking chart, a product that came to market obsolete, a product that no one needed or wanted, had just lost some important contracts.......Shall I continue? This is not the picture you want to see when using Jim's strategy. I beleive he is referring to the William O'Neil strategy, but that strategy has certain criteria (C.A.N.S.L.I.M.) that RACE did not meet.