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To: Chip Anderson who wrote (2643)4/28/1998 5:11:00 PM
From: AJ Berger  Read Replies (1) | Respond to of 16960
 
Too bad English is his second language

since half of that Foolish Post made little sense.
I suppose the main point was that there may be
a lot less downside resistance than we thought.
I suspect there are a lot of GTC orders sitting
at $25, and until we see this stock stay below
that price for a few hours, I won't be convinced
that there is as little downside resistance as
this fellow seems to suggest. I'm still waiting
for a day where this stock TRENDs upward all day,
and not just an opening/closing fake out. Until
I see that behaviour on the IntraDay, I'll just
watch for now. I just hope things firm up in
time for the weekend. I simply can't believe
things are so weak for this stock that on the
week of a new chip release, buyers are so shy.



To: Chip Anderson who wrote (2643)4/28/1998 10:13:00 PM
From: Kevin M. Reilly  Respond to of 16960
 
I am a bit skeptical about this reasoning for the stocks drop. First off I don't think Robertson-Stephens is lying down while a buyer is being sought. they still have a business to support. Second there are huge buyers of the stock in the 24-26 range as evidenced by a volume-by-price chart.

I am long and staying put.

Kevin M. Reilly