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Technology Stocks : GenRad Inc.(GEN) entering the ADSL market!
GEN 25.74+1.0%3:59 PM EST

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To: Ford Investor who wrote (78)6/6/1997 10:33:00 AM
From: Jeff Clegg   of 283
 
To Steve: Scenario of 3% profit per week is not in this reality world.

First of all, taxes are taken each year not at the end of whatever
trading period you are looking at. Therefore, you do not get the
benefit of investing the IRS's money for all of these years.

Secondly, who can pick stocks that are going to be going up 3%
every week? What about those that surprise and go down? Most
people are happy with 20-30% for an entire year. I am currently
sitting at 40% for this year so I can be content sitting back for
the rest of the year - though I'll keep speculating (Little pat
on the back).

P.S. --> SELL LCI. Currently sitting near its fair valuation, new
risks in Telecom industry, Most upgrades are
already in (no new upgrades to boost the price).

2nd quarter earnings should be pretty good but
probably not good enough to get it into the 30s.

IMHO.
Next Speculative Stock: Galoob Toys.
Huge contract potential from Star Wars toys.
Number of competitors.

Regards,
Jeff
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