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Technology Stocks : What is up with USRX? Its exploding! News?

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To: Rambi who wrote (46)7/16/1996 8:40:00 PM
From: NANCY JEWETT   of 82
 
Ron, Mary Ann, Penni, et al,

I didn't sell anything today I guess because I didn't beleive my own worst case senario. The tech stocks have been going through almost regular cycles of high rise and correction for some years now. It's helpful to look at the tech sector since the rise of the computer industry. The pace of inovation has accelerated and different technologies are stepping to the forefront and taking comand of the market for tech goods in their turn.The key question for us investors may be where is USRX in terms of the next round of product demand? This is now an established company with a definite product and a clear profit base so it's price should be easier to establish than some of the really new technologies that are just coming out, I wonder if that isn't pushing its accepted PE down because it's now almost a conservative investment.
If I had taken my proceeds from selling USRX at 89 a few weeks ago and used them to buy REDB at 19 today I could have sold at 28 near the close and taken a break from this drated market! (How's that for the irrational gambling brain feeding on hindsight?)But seriously, does anyone else think that these database connectivity startups like Red Brick software are a good investment as a high risk/ high return portion of a strategy now, keeping USRX as a slower moving more conservative base?
I think you are all very clever..it takes tons of analytical ability and guts to keep from feeding your money to the big fish in this market. When widows like my Mom are being told by their financial consultants to get out of stocks into bonds, it occurs to me that if the general public sold big it would leave a lot of bargains sitting on the table for someone to clean up on. Was that rally this afternoon really a shark attack? Thanks for all the good communication!

Fair sailing to all.
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