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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 4:00 PM EDT

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To: Steve Anglin who wrote (540)	5/11/1999 12:30:00 AM
From: Dale Stempson	Read Replies (1) of 584

Steve, Good comments. I started buying in the low twenties, averaged down and ended up holding a much larger position than I had originally planned. I was in a world of hurt when we were bouncing around 15, but fortunately it didn't take long to return to break-even. Today I'm thinking we could see $40+ this year. After a sharp 35% gain over six consecutive up days, I'm looking for a bit of a pull-back. I'm not expecting much and hope to jump back in a few points lower, (and before earnings are released). If I miss a continued run, at least I still hold a sizable position, and you certainly won't see me complaining about the profits made thus far. In any case, I'm simply taking a chance here and am not suggesting this play to others. Regards - Dale

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