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Technology Stocks : ISSI a great opportunity

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To: Ted The Technician who wrote (1036)	10/26/2000 6:28:50 AM
From: Ram Seetharaman	of 1058

Excellent post Ted! Since CSCO's backlog is increasing, that should bode well for ISSI going into 2001 - IMHO, they should make over $ 2 next year. Stock is extremely attractive at single digit P/E based on 2001 earnings! I have been adding steadily of late. Based on a more reasonable P/E of 15 - 20, stock should see $ 30 - 40 next year, and a possible $ 20+ this year. I hope the institutions reward ISSI, with generous purchases in the next few weeks. On a sour note - Bank of America's Rick Whitington's untimely downgrade of ISSI yesterday morning from "Strong Buy" to "Buy" - he upgraded it in the middle of the year around $ 30, so that he and his buddies could sell high! Now he downgrades at the bottom, so that they could buy low - what a clever SOB!

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