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Technology Stocks : Xicor ?

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To: kblaine flaherty who wrote (456)7/17/1996 2:24:00 AM
From: Asymmetric   of 2920
 
I'm in!

Bought in to Xicor today - 800 shares at $8.25. In July issue of Investor's Digest, there's a feature on Xicor, which was recommended by Stephanie Power of the Executive Wealth Advisory. She forecast earnings for 1996 at 70 to 80 cents, and 1997 earnings at $1.00 to $1.20 a share.

In a market like this, you just have to steel yourself, remember the fundamentals of investing (10.5x this year's earnings for a stock forecast to growth earnings at 40% to 50% can't be all that bad!), trust that things will work themselves out, and plunge in.
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