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To: MU Lation who wrote (4889)2/11/1999 1:12:00 PM
From: RocketMan  Read Replies (1) | Respond to of 41369
 
That would be another 8-10% drop from these levels, and given that we seem to have gone through a correction, I would be very surprised if we had another one that soon. There is a chance, of course, that this is a dead cat bounce in the market, which would mean another round of testing the bottom, but I doubt it. Plus, there is an incredible amount of money on the sidelines, and that money will soon tire of money market rates. When it comes in, look out above!



To: MU Lation who wrote (4889)2/11/1999 1:16:00 PM
From: robert duke  Respond to of 41369
 
No, especially witha split coming in the next week. I think it is unlikely. Although we may see the stock sit in this range for a while and bounce up and down between 148-175 before after and during the split. And this may last all the way until the next earnings come out and then the stock will move a little higher and closer to the 100 level before the big summer run up.


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