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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Dave O. who wrote (9449)8/20/1997 4:24:00 PM
From: Stuart Scolnik   of 9477
 
DAVE LEO - guys- what tech indicator is saying buy to you? (other than broke thru 16 resistance and I swear I saw more sells than buys without a down tick. A few buys and it would up tick. Many large blocks. Thats what made me hold.

Now Im out. I had it at 15 to 16 1/2 (20k). Yea. But Im inclined to believe you because I always sell way too early. When will you sell?

Stuart

< I saw nothing but sells all day. Yet it hardly down ticked >
If nothing but sells S3 wouldn't be up another 4% today. MM's wouldn't be buying inventory they don't have buyers for. Nothing wrong with taking profits though. Technically I think the stock is looking as strong as I've seen it in the 9 months I've followed it. I just hope the fundamentals catch up with technicals in next couple quarters. >

Dave - L
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