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To: Steven Bowen who wrote (3983)2/25/1998 10:35:00 AM
From: mrc  Read Replies (2) | Respond to of 12468
 
Steven, we're at 39 1/8 so 40 is indeed a possibility. Unbelievable!



To: Steven Bowen who wrote (3983)2/25/1998 1:32:00 PM
From: SteveG  Respond to of 12468
 
<..Anybody want to shoot for 40 today? Looks like possibility
exists...>

It'd be great if it could close there, but then it'd shortterm overbought, IMO. Do we ride this on higher highs and higher lows.

On one hand, institutions (who ARE buying) don't like chasing stocks. On the other, the tantalizing TCGI valuation MUST be in the back of their minds. Are they believers yet, and will they want to wait for news to get on board?

And how that 4.8MM short? It'll be interesting to see Feb's numbers.

(PS. Though I occasionally trade with them, Lehman research is often pretty sucky)