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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

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To: Herman J. Matos who wrote (54)	1/17/1997 8:02:00 PM
From: winston paris	of 584

I don't know if you want ALL of them...I own one hell of a lot! I still think TECD will trend lower. Technically, it looks bad...but on fundamentals I am very favorable about TECD's future. I think the volume suggests that some funds are re-allocating assets, and taking profits to boot...I sense a bottom coming just about the time I am ready to truly spaz out...in the low 20's...with resistence forming here around 26-27...hopefully, I am wrong and the stock will respond to some of the EXTREMELY bullish reports from MSFT and INTC. I have heard that NT 4.0 is moving well, along with Office and that corporate US and Europe IS upgrading to the 32 bit Pentium. We can only hope that TECD's margins aren't being eroded or that they have inventory problems (sure death)...again, I am hopeful. And if I haven't said this previously, many thanks to you and Judy.

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