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Technology Stocks : Ezenia! (VSVR)

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To: Scott Burns who wrote (341)6/11/1997 7:18:00 PM
From: John A. Young   of 890
 
I just bought 5 more October $20 calls before the close.

I'm soooooo sure of this stock that I have now accumulated 115 October call contracts with the majority at $22.5. IMHO when they post (and probably beat estimates again), we will recover to the mid-twenties within weeks (or maybe days)and then trend up. We may even see them acquired before the end of the year.

Everybody is holding their breadth in fear of slowing revenues and declining margins. IMHO earnings will dispell all doubts.

- John
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