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Technology Stocks : Network Equipment (nwk)
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To: Bruce Kellison who wrote (78)8/6/1997 6:53:00 AM
From: Thomas G. Magnani   of 107
 
Bruce,

Perhaps its just the realization by the market that this stock has been undervalued considering that it is expected to make $1.30/share this year with 25% growth next year. With those numbers the stock is easliy worth $26-30. There is still room to roam. Also, with the market's penchant for over/undervaluing stocks (at least for a while) this could go closer to $35. Just my opinion as someone who has followed this one for several years.

Tom
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