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Technology Stocks : ISSI a great opportunity

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To: JEFF CHAPMAN who wrote (524)	10/8/1997 1:47:00 PM
From: Utopian	of 1058

The recent sharp down move, along with the doom and gloom (ALSC disapointment, UICC fire etc) probably shook off a lot of weak hands. Even with the move up from the 6 region, there is a lot of negative sentiment (albeit understandably so, since this company/stock has disapointed so many for so long!). The negative sentiment, combined with the shake-off move is bullish. Also we are now entering a seasonally strong period. Even though the forecast is for a loss of 5 cents this qtr, my guess is that they will be profitable, and the next qtrs will be even stronger because of seasonal factors. Techinacally speaking the stock broke through all the major moving averages on heavy volume. Any conjectures as to how high it will go? Faisal

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