FDC : First Data Corp Message Board

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Technology Stocks : FDC : First Data Corp

FDC 31.69

0.0%

Aug 5 5:00 PM EST

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To: Art Ebbands who wrote (48)	3/19/1997 8:08:00 PM
From: Robert Sorrell	of 323

Art: I just wanted to say I appreciate your analysis of this stock so thoroughly. I too own this stock and feel that is a very good long term hold. I feel more comfortable with the prospects of this company than others at this time. Any input or others out there about FDC would certainly be appreciated. To me the charts look like a saw blade up and then back down and then up again and then down. I believe when the market becomes a little more positive this stock will break out of this type of trading and gradually move upward. The business they are in will continue to grow much greater than most people think. The 3-5 year outlook is very bright. However, I am an amateur and do not profess to be an expert but have certainly learned and read about this company and feel it will be a real winner. These short term movements will mean nothing in a few months or even longer. I must admit I do watch it most of the day along with my others and get impatient when it doesnt perform exactly what I want. I think you said one of your weaknesses is that you found a good company and then when it fell sold it only to regret it later. I am trying to become more patient and not worry about day to day movements. The worst mistake I made last year was when I purchased Novellus after doing a great deal of research and then when it fell a few points I sold it at 34. Now look where it is today. Was up near 90 but has pulled back some. I dont intend to do that again. I am very confident on this company also. Again, thanks for listening to me and putting my two cents worth in. If I find additional information I will post also as I do research constantly on all my holdings everyday. As Always, Bob.

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