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Technology Stocks : Audio Book Club (KLB) Next big internet play? -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (78)	7/6/1998 4:09:00 AM
From: StaggerLee	Read Replies (1) \| Respond to of 146

A few points: * Thursday's volume of 2.3 million was a record for KLB. It closed at $9 5/8. * The company went public in 10/97 at $10. This is the first time the stock has been close to the IPO price (excluding the spike to $13 which only lasted a few hours). It is common for IPO shares to fall during the first 6 months before finding support and moving higher. * The chart looks remarkably like YHOO's first year (Opened at $22, dropped to $12, and finished the first year at $21).

To: Jeff Jordan who wrote (78)	7/6/1998 3:54:00 PM
From: Jim Goodman	Read Replies (1) \| Respond to of 146

neat, thanks for the look....of course, we really differ in approach, which is fine...I only buy right near lows, a special pattern/method, and some of yours are actually on my pot. Puts list, but that's what makes a horse race....anyway, SMOD was added at 13+ recently....also, "PSYCLE sm" traders never buy momentum....because, we only buy stocks, like KLB (though that was real unusually huge, Quick winner, as I said), BEFORE they start going up, as I teach how to do, in my materials....my studies showed the best time to PUT stocks which form "PSYCLE sm" tops, is when they have high "RS", but I digress....which is why so many people seem to value my output, which I also appreciate ....so, best wishes to you in your endeavor, i will keep an eye on your stuff, do well, Jim