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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?
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To: Bhag Karamchandani who wrote (188)5/14/1997 8:58:00 PM
From: Anthony Marchese   of 669
 
It was reported today that one of the upper management VP's bought 6800 shares in the open market recently at the $5 level. This is the first time in over one year that any insider has bought stock. The trend had been to sell. Hopefully this is followed by other insider buys since I feel the stock is dirt cheap. Unfortunately, most published estimates project a return to profitability in about the fourth quarter. On the positive side, their customer base is expanding and their design wins are expanding even faster. This could be a home run by this time next year.
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