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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (148)	6/5/1996 8:52:00 PM
From: Yo Eleven	of 852

Well, SEG is looking pretty shaky. I think this will definetly test the low 50s. I don't think the company can support the high multiple compared to it's competitors. I know you said something about SEG comming out with fast fiber channel based storage. I believe the next growth is going to come in the portable (removable) storage area (ie. Iomega/Syquest). Fundamentally, the company is sound, but the stock is cyclical. I will probably cover in the low 50s. If Iomega comes back to the low 30s. That's the time to jump in with both feet. Especially befor the next earnings release. MU looks like is going through the same cycle I talked about a few weeks ago. Good support at around 30. After a good base, I may go long for a few points. As long as it stays above 29. ANCR is testing the nerves of shareholders. I am willing to stay with it for now. Maybe a quarter or two. See if there are anymore cards to be played. Best wishes.

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