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Technology Stocks : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?

To: Ken M who wrote (367)	7/22/1998 9:59:00 AM
From: DanZ	Read Replies (1) \| Respond to of 1206

Stupid money? Seems to me that Mr. Furey didn't exactly have great timing with his sales of ZAP at $10.33. The stock ran up to over 24 after that, costing him an opportunity loss of about $100,000. People sell stocks for a variety of reasons, oftentimes totally unrelated to their perception of the business. You made money on your short..now why not take the profit before you give it all back? The low today was 19 5/16 and it's up to 19 3/4. This stock is simply in a wide trading range and I still think the odds favor a big upside move over a complete breakdown....holding some, day trading some... Good luck, Dan