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Strategies & Market Trends : Position Trading Forum
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To: CharleyMike who wrote (4828)11/1/1998 7:12:00 PM
From: Tom West   of 7247
 
Charley
Put me down for SQNT this week.
Reasons: 1)$3.50/sh in cash 2)book value around $12 3)better than expected QTR3 results 4)strong backlogs 5)working on new UNIX deal with IBM/INTC 6)good volume Friday 7)chart on strong upward move with 13day/SMA crossing 50 day/SMA late last week.

Thanks, Tom
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