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Technology Stocks : AT&T
T 27.22+1.5%Feb 4 3:59 PM EST

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To: Roland Kahn who wrote (264)3/25/1997 8:28:00 PM
From: Jack L. Dlugach   of 4298
 
Roland:

Sounds like you must've caught the high for the day and if it's
dividends you're after there are better and safer (for the short
term) ways of getting it. I don't think any of the telco stocks
are going to do much more than "move sideways" for awhile because
there are too many uncertainties; I sold my PAC and SBC near their
highs a couple of weeks ago and they've dropped quite a bit in
that time.

That's oh so true about Value Line and, in fact, they've been sharply
underperforming the market for the last couple of years as witnessed
by the Value Line portfolios.

However, what they toot their horn about in those expensive publications is based on quick buys and sells as market sentiment
changes; personally, I think they do that with a lot more hindsight
than foresight just like Ind. Investor does with that phony Magic 25.
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