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Technology Stocks : Scientific Atlanta -SFA- going up ???
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To: Sam who wrote (936)9/28/2000 12:43:31 AM
From: Lee Lichterman III  Read Replies (2) of 1045
 
Well this area needs to hold or we head to 50 next. While it would be nice to add more there, I would rather get this thing up a little higher to erase some of the technical damage done. Sideways around 75 would suit me fine. <ggg>

Any chance the AOL/Time Warner merger problems are weighing on us as capital expenditures may be viewed as slowing while the battle with the Fed is on? With over 800,000 boxes on backlog, I don't see a problem with revenues unless there are cancellations.

Also with the investment income of 28 cents today, I take it expectations now will be 32 cents original expectations and now 28 from the sale of stock for a target of 60 cents?

Good Luck,

Lee
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