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Technology Stocks : How long till 3DO hits $20?

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To: Bruce Prescott who wrote (3)5/29/1996 12:51:00 PM
From: DB1960   of 16
 
Bruce:

I've read many of your posts on 3DO and know you're an experienced
investor and knowledgeable about the company. However, waiting for
stock appreciation isn't like baking a cake...you don't put the thing
in the oven and mark the amount of time till it's done baking.

In my mind, $10 is looking a lot closer from present levels than $20,
at least for the next month or two.

I've totally discounted DVD as a near-term booster for 3DO. The DVD
business is in disarray and it's just not near lift-off (i.e., the plane's
at the gate still, not on the runway).

Long term, I think 3DO is gonna pay off, but it's going to be sloppy over
the next month, in the absence of "news."

Best of luck,

Doug
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