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Technology Stocks : Quickturn (QKTN)

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To: William Douglas who wrote (87)4/14/1997 10:01:00 AM
From: Jeff   of 251
 
Spoke to Mr. Ostby late friday,wanting to know if the future will be better. He felt that sales would return to historical levels of aprox. 25 million,and breakeven profit or a few cents to the upside.I then asked what this means for the future for the Co.,and their growth rate. He reiterated that no sales were lost to any competitors,and attributed slump in sales to delays from customers. Claims that all competitors are equally feeling the effects of a slowdown. Claims that Co. didn't know of any earning surprises till 5 to 7 days prior to end of Quarter. Looks like this stock will be a long hold for me. Not much of a choice at this price. Good luck to all Ron G.
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