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To: mrnaive who wrote (4615)2/8/1999 4:24:00 PM
From: Paul Reuben  Respond to of 41369
 
Yeah, take two aspirins and call your ISP (for a stock quote) in 5 years.

Relax!



To: mrnaive who wrote (4615)2/8/1999 4:26:00 PM
From: HG  Respond to of 41369
 
deliriously happy me sold off in 170s and bought back today....

***now** do you understand ? LOL



To: mrnaive who wrote (4615)2/8/1999 4:55:00 PM
From: Lee Martin  Respond to of 41369
 
mrnaive,
Don't worry about the drop! What am I crazy? Give it two more weeks and we'll see if I'm right. The reason I say don't worry is that the volume on each down day has been about 10M shares or less. I think the avg. volume is about 15M shares. If there were something truly wrong with this stock you would see at least 20 or 30M shares traded on the downside.
So what's going on? The big boys want your shares cheap, it's as simple as that. They see the split coming on Feb22 and they figure that with investors scared of the market now, this would be a good time to "burp" you out of your shares prior to the runup into and through the split. I've seen this played out many times with many stocks. Everyone sees the writing on the wall (some upcoming event that should be positive for the stock) but a couple of weeks prior to the event the stock gets clobbered for no reason. All the little guys sell figuring, "something bad has happened that I haven't heard about yet, I'd better sell now and wait to find out what the bad news is later." Guess what there isn't any bad news! In fact soon after you unload your shares there will be more good news coming out as the stock goes back up in anticipation of the event. If this stock is not higher than 158 in two weeks I'll be the first to admit that I was wrong. Until then I'm hanging in there.
Regards,Lee