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Technology Stocks : HARBINGER (HRBC)

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To: James Strauss who wrote (313)7/17/1999 12:32:00 AM
From: Mike Redding  Read Replies (2) of 402
 
Hello Jim,

Some time ago, in the last year this stock languished below seven. At the time there was a fella, who has curiously disappeared from this thread, who called this stock a waste of money. I did not respond but others did as I avoid venting one way or the other until my prediction is disproved or sustained. In the case of HRBC we made it up almost 3 fold since then, and I still stand by $20 by year end. This is a good buy and hold for its niche position in its market and it's appearance to various suitors. I owned Premenos before HRBC bought them and, it too, tripled in a year or less. If this is a merger or buy out target- it's minimum asking will be $35. Not bad if you bought at $6.625 - Another one you might one to take a look at is COHU if you don't already own it. It's cycle is trending up with backorders increasing. Prior to this crusade I owned it at $17 and it went to $52 before I sold. This time I started at $19 and today it crossed $42. I think there is another 25% left before I'll sell and it could come very quickly. IMHO
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