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Technology Stocks : JPM Co. (JPMX, formerly JPMC)
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To: Steve Antonelli who wrote (31)3/25/1997 8:05:00 AM
From: steve berman   of 157
 
JPMX has held up nicely in the face of the NASDAQ pull back. Volume has almost completely dried up, potentially indicating that there are very few willing to sell JPMX at these levels. Obviously, since the price hasn't been increasing, there aren't many buyers either. However, it would appear that this is more the result of the markets uncertainties, with small cap buyers waiting on the sidelines rather than bargain shopping. Once the market settles, I think we'll see some nice movement on this badboy, particularly considering the estimated EPS growth (+320% this coming quarter).
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