ZORAN (ZRAN) The next C-Cube?? Message Board

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Technology Stocks : ZORAN (ZRAN) The next C-Cube??

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To: who wrote ()	3/22/1996 4:58:00 PM
From: olduser	of 57

Zoran looks good from here.... I have just recently started to follow this relatively new stock. I am an investor who uses fundamentals to determine whether or not a stock is a good investment, then I follow up by looking at some basic technical indicators or chart analysis to determine optimal buy points. I think we are at that point RIGHT NOW!! As has been mentioned, ZRAN has been trading in a $27 - $40 range for the past couple of months. The stock was on a free-fall up until about a week ago and it held very nicely at support around the $26-$27 dollar level. I see higher prices ahead in the next month or so. I also subscribe to Cabot's Market Letter and they did a short write up on the stock a few weeks ago when it was at $37. They rated it a buy and said the future looks great. I got the feeling that they needed a little more earnings proof before they jumped into it with both feet. In summary, I have bought a little at this level and expect the stock to bounce off its support and head back up into the mid-high 30s. In the meantime, I will be examining their fundamentals to try to get a handle on their long term situation. Any other comments would be greatly appreciated. Jim

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