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Technology Stocks : US Robotics (USRX)
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To: Stephen Leung who wrote (30)9/18/1996 5:47:00 PM
From: george saintonge   of 51
 
USRX -- Stephen, tech analysis gave me the inclination to buy the
stock at 52.25, around 50% retracement from high. Fundamental news
(rumor) moved the stock up. INTC & MSFT screaming to upside will
most likely split yet again and continue same old cycle (in 91, MSFT
broke out at 82 and traded to 134 in few months, 2 splits later the basis
on those buys 21 or so...buy and hold) so if you like USRX and think
everyone and their mother will be buying 56k modem then I would
buy any dip back to or near recent lows.
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