TranSwitch Corp: Will they get Zenith Business? Message Board

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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?

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To: PATRICK KOZAKIEWICZ who wrote (69)	12/8/1996 4:15:00 PM
From: Don Ying	of 669

Hi Patrick, I would not call myself an expert either. The way I see it, the stock has strong support at $5.50. In the past few days, the market dropped over 200 points. But the stock reacted very postively, only dropped to $5.50 on early Friday morning as a responce to the wide drop of the market, but rebounded back to $ 6.00 well before the market came back. It may bounce back and forth between $5 3/4 and 6 1/2 for a while to consolidate the base and support. I am also optimistic about it. I feel when it breaks $8.0, it can soon shoot up to $10-11 range. But I have no feeling when that will happen, maybe early next year when the current new products start to show their contribution on the company balance sheet. don p.s I own a few hundred shares and plan to hold on to them.

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