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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (6770)4/3/1997 1:27:00 PM
From: Nancy   of 58727
 
Tom,

NKE - if it goes back to low 50's. International retail franchise.

last earnings report is very positive, but stock failed to respond, steadily trending down, now probably in the hand of technical traders since it forms a H&S pattern.

Balance Sheet excellent, revenues continue to grow and backlog is 35%.
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