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Technology Stocks : The Roaring Twenty 1998 -- Ignore unavailable to you. Want to Upgrade?

To: SpecialK who wrote (157)	8/7/1998 10:47:00 PM
From: White Shoes	Read Replies (1) \| Respond to of 338

This volatility is unbelievable. There are obviously massive differences of opinion here and so many BIG forces at work including the crash in the 'internets', resurgence in the strong 'internets', general market choppiness, news releases, boredom the day after the news releases etc. But I don't think I've seen intraday swings like this in many stocks. Maybe it can be chalked up to having come down so hard and NOW some moderate and at times heavy accumulation which isn't always enough to overcome the selling. More major things contributing to the choppiness are the 3 or 4 conflicting reports that seem to come out daily about the antitrust case and other issues with Microsoft. The recent report on continued loss of browser share seemed to hit the stock hard but the report and the reaction to it seemed exaggerated, and so the street shrugged it off after initially being staggered. So that's my feeling, that it's under accumulation at these levels and yep it may go down to 20 but it's stabilizing and some big money is in for the long haul. I noticed an analyst on Microsoft Investor also dumped MRVC last week. Take it easy! PS I don't think there is necessarily much overhead resistance. Any kind of takeover fever can jack it up to $60 quick, of course that would be unjustified (unless true).

To: SpecialK who wrote (157)	8/10/1998 1:22:00 PM
From: White Shoes	Read Replies (1) \| Respond to of 338

Somebody likes NSCP today! It is up 16.7% now on volume of 10.6 million shares!! That is some major confirmation! You must be a happy camper today. It will probably settle back from here but that was one major breakthrough. Which of the dozen news releases is responsible for this I wonder? Back when I first bought this at $16 7/8 I said people were forgetting their potential in the commerce server business and related stuff. Looks like that must be the major wake-up call the street is having today.