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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Andreas who wrote (14874)	3/9/1998 10:57:00 PM
From: James F. Hopkins	Respond to of 94695

YOu don't get the point..Sprint was the first one to crack the monopoly and open up the market..taht they didn't exploit it better than they did is another story..had not someone came along u would still be paying AT&T a dollar a minute to call LD. -------------------------- All of what you say about DEC in the short term I got no problem with, except I belive it's mostly already discounted into the CPQ stock price..some of the yo yos in the mutual funds have figured taht out aready..if she holds above taht 24-1/4 level were she was shorted at Friday night dem shorts are in deep kimshi when they go to cover..most all taht action last Friday night, and early Mon..was people who were already short covering and buying back in from a new bunch shorting..who are a hoping and wishing they can make a quick buck on the bad news.. ting is it's ticked against them so far..and were might their stop losses be :-) They are down on their hands and knees about now praying for her to get down below that 24 mrk..they done gone and sold stock they didn't own to the shorts who had enough sense to cover..this will be interesting..maybe even exciting. All I got to do is stay long and lower my average if need be, sooner or latter they got to cover. Then it's off to the races. You don't think all that volume is "real" stock swapping..do u ? heck I'd bet 2/3rds or more is shorts closing by buying from new shorts opening..last shorts in always get burned..sooner or later they got to cover..and longs who don't margin can stay long longer than they can stay short..you never lose or win till you sell your long or cover your short. Time is always on the side of the long. Jim