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Technology Stocks : Symantec (SYMC) - What does it look like?
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To: space cadet who wrote (39)6/6/1996 9:14:00 PM
From: Ivan Andrew   of 2069
 
>Ever notice when a stock is down, at least the hi-tech stocks here, people say, in 12-18 months this stock will double. They make no short term predictions. But with most of my stock/option winners I'm pretty confident the stock will be up alot in 12-18 months but even over the next 2-3 months I'm confident it will be up

Mark-

12 to 18 months seems a reasonable time frame to expect SYMC to benefit from a corporate conversion to NT. My impression about Win '95 is that it was never intended to penetrate the business market--only the home PC. That has certainly happened. Corporate America is skipping Win '95 and going straight to Windows NT. SYMC is ready for it. If I thought SYMC would double in 2 or 3 months, believe me, I'd have options and I'd be writing this in an options thread. But I'm not sure about that part--will business make the switch next month, or in 9 months? Who knows, but they will switch over. And when they do, they'll be buying a ton of software from Symantec. My options money is in the calls of companies which I think will be going up in the next 2 or 3 months. I'm not exactly sure when SYMC will take off, but I'm certain it will be within the year. And come the start of 1998, I'm sure I'll be quite pleased with SYMC at 30 to 40 a share.
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