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Technology Stocks : Telxon (TLXN)

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To: joe pinto who wrote (54)4/23/1997 10:39:00 AM
From: Roader   of 378
 
I got into TLXN about 2 months ago at 16 5/8s. If you look at a 180 day chart it looks horrible. With companies losing half their value b/c they miss earnings due to contract timing or something else this one isn't worth the agony. I don't see more than 20 to 30% upside based on the chart and the downside could be enormous. I got out today at 13 5/8. Just some thoughts.

Roader
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