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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (591)4/27/1999 10:36:00 AM
From: TradeOfTheDay  Read Replies (1) | Respond to of 1150
 
perhaps ZTECT found it the same way he found IMON in early stages ?

really - he seems to have a knack for these things... most amazing



To: Mama Bear who wrote (591)4/27/1999 8:51:00 PM
From: Jibacoa  Respond to of 1150
 
The answer is very simple Mama, I bought last year at 3 when ICC Technologies first announced they were buying Rare Medium for $45 million. Was happy to sell a couple of days later over 6 for 100% profit. The price as I remember went as high as the low 7s.

Since then I kept it on my "watch list" and bought again when the price got back at the $3 level. Kept buying it while waiting for the "name change" and the final disposal of the air conditioning division.

I was expecting, as you can probably tell from some of my "postings", to sell at $15 and was happy to sell above $18 and bought some today at 15 1/4 as it seems it has good support at the $15 level.

After the initial "up gap" this morning, most of the heavy volume was on up-ticks. It has some resistance in the 16 5/8 to 17 area, but after that you "better watch out"!!

Good luck to all