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To: Elwood P. Dowd who wrote (40707)12/21/1998 7:38:00 PM
From: Richie  Read Replies (1) | Respond to of 97611
 
El..........

The fortune 500 will be spending like mad to be year 2000 compliant. 1H99 the spending will be in full force.

RichieH



To: Elwood P. Dowd who wrote (40707)12/21/1998 7:53:00 PM
From: rupert1  Read Replies (3) | Respond to of 97611
 
Elwood: Sell 9,000 and then buy it back. In other words use it to trade. I agree about all the positives (and Richie's addition) but in my opinion the biggest negative will be a sense that when the stock reaches $47-55 that it has already factored in all the positives and will need to consolidate before the next move up. Some of the momentum money will want to leave. There is also a chance that the general market will correct especially if the earnings outlook looks poor for more companies.

I remember some time ago when it reached $38 briefly. You asked the same question. In retrospect you could have sold then, bought back at any point down to $23. It took a long time to get back to $38 but you could have sold again at $35-36 and take a nice ride up and down at least twice more. Not that I knew any better, I just sat through it all, too. Except I did add to my position.



To: Elwood P. Dowd who wrote (40707)12/21/1998 7:54:00 PM
From: rupert1  Respond to of 97611
 
Elwood: I forgot - an ML upgrade two days after earnings.