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Technology Stocks : FSII - The Worst is Over?
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To: Joe Dancy who wrote (1014)6/2/1997 1:02:00 PM
From: Kent Sarikaya   of 2754
 
Hi Joe, yep its pretty exciting to see the small caps finally do what we thought they were doing a few months ago. It's good to see the consensus from the "experts on tv". That kind of group thinking is what really moves things the most and finally it is happening.

They say money is still pouring in from investors and that the safest place which is the most undervalued are the small caps and technology.

It looks to me, and I am just novice at technical stuff, but... it looks like both in longer and shorter chart views that FSII is approaching an undervalued or oversold indicator. Maybe that will trigger some stronger buying in a few days.

Joe, did you notice how you had a 5 year target price of $90 a while back and also when FSII released the news on taking defensive measures and came up with $90 per share price for the right. Any connections there or was that just coincidence?

I didn't understand that defensive startegy at all, do you know how it is to work?

Thanks,
Kent
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