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Technology Stocks : Stock Swap

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To: Steven Messina,L.M.T. who wrote (16797)11/8/1999 11:54:00 PM
From: Dale Knipschield  Read Replies (1) of 17305
 
Steve,

I didn't do too badly either. Picked up my 2K shares at 29 7/8, so I made about $3.5K, which will buy new shoes for the baby, even at today's high prices! BTW, you never did answer my question about a price target for JCDA. The way its moving, we may see $35 a lot sooner than Friday; maybe Friday's target should be moved to $40!

Anyhow, one good turn deserves another, so take a look at TLCM @ approx $11.50. They're a semi company.....good revenue and earnings growth making chips for cell phone market. Expected to grow nicely over the next two yrs, with 12 mo price target of $19 (which I think they'll reach by year-end). The thought of holding overnight probably makes you tremble with fear, but this is one you can sleep pretty good with, as Motorola is a major customer.

Good luck tomorrow!

Regards,

Knip
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