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Technology Stocks : MENTOR GRAPHICS
MENT 37.250.0%Mar 31 5:00 PM EST

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To: Jeff Rosenberg who wrote (54)5/14/1997 12:11:00 PM
From: Hubert Few   of 376
 
Jeff, I can live with $9!!! I think it may go higher, but $9 would suffice as an exit point. I believe we will close above the 50 day average today, and I am not discounting the possibility that the acccumulation of stock (by presumably) more institutional buyers is in advance of an upgrade. The latest info I have says it has 1-strong buy, 2-buy, and 8-hold, with a minor upgrade somwhere last week.

News that will bring it up is probably in the ATM buzz-word area, just a guess. And Applied Materials strong showing today certainly couldn't hurt it either....just my humble and uninformed opinion. I think any bad news is already long since priced into the stock.

Good Luck!
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