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Strategies & Market Trends : Playing Hammered Stocks for a Bounce, But How? -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (34)1/22/1998 8:15:00 PM
From: JEFF CHAPMAN  Respond to of 159
 
I chickened out w/ Sybase, as the drop was never over 30%, which is the prime consideration I'm using. If IOM trades around the level it did in the aftermarket and has a spike down and recovers a 1/4, then I'd jump on it. This is only a long side play though, so no shorts are involved.