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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Mike Kehler who wrote (20099)6/18/1999 3:39:00 AM
From: Larry S.   of 53068
 
SEG: 207.95.154.130 chart shows strong support at 27 and recent history suggests a base building in this price range. Stochastics indicate oversold condition. Not familiar with software component of SEG. Fundamentals of the company indicate strong cash position.
None the less, competition in the sector is fierce, and likely to remain. The emphasis on low price boxes will keep pricing under sever pressure and capacity seems to be exceeding demand due to ramp ups in recent years. While the chart is appealing, I don't personally find SEG attractive for investment at the present time.
Other tech sectors that are of more appeal to me are telco equipment suppliers and net switching co. COMS 207.95.154.130 has more appeal to me than SEG. In the same price range, and different industries, I like RAD (Rite-Aid) and ABF (AirBorne Freight) larry
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