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Technology Stocks : Spyglass
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To: lazarre who wrote (1243)11/14/1999 5:30:00 PM
From: Art Bechhoefer  Read Replies (2) of 1412
 
Since I don't place much faith in TA, I can't get excited about SPYG in the list of stocks that was referenced. It is a motley group. For example, Cisco is an excellant company, but at its present price, it turns me off. I'd rate SPYG close to number one in this group, based not on TA criteria but on (1) the growth inherent in the market niche it is aiming at, (2) proprietary technology, and (3) quality of its software developers at a time when there is a huge shortage of talented software people. In other words, one has to look at intrinsic value in a company, and I think SPYG has it.
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