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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (9442)	10/12/1998 12:43:00 AM
From: Ken W	Respond to of 29382

Max Another one to watch as a back up trade (short) if FILE does not work out, which I expect will do as we want, is MSTR. They are due to report on the 16th of Oct. of .04 which still puts the stock trading at above a 20 pe and now about 25 times book of 1 and change. If it breaks support at 20, 2 or 3 dollars many be the next stop down. MSTR looks to be one of the last propped up stock left of the recent IPO's. They have changed their focus database from the IPO format to.....providing stock quotes....no competation there!!! :-) The stock rallied on Fri. off of 21 in a dire attempt to keep support, but I don't think it will hold after the 16th. Ken