Exar: any opinions Message Board

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Technology Stocks : Exar: any opinions

EXAR 12.99

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Jul 14 5:00 PM EST

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To: guido leone who wrote (93)	5/5/1997 4:23:00 PM
From: David Mountain	of 118

Exar's people must have said some good things at HQ. However, I suspect that the move this week (over 20 today!) is the result of speculation on the proposed capital gains tax break being debated on the Hill this week. (Other tech stocks got a similar bounce, making it seem that this is a market rather than firm specific rise) I'd like to think that the bump we've seen is at least partially company specific, but don't be surprised if, after the capital gains tax reduction is bargained away, Exar returns to its recent trading range. Hope I'm being overly pessimistic.

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