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Technology Stocks : Storage Dimensions - STDM

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To: kvogel who wrote (109)	6/29/1997 8:28:00 PM
From: John Goodman	of 311

Kvogel: Yes, I was a recent holder of STDM and a current holder of STLC. I bought and sold STDM on technicals only. For me to own STDM long term would require a better historical and fundamental understanding of the company. Because of what I saw happen at STLC (granted, STDM does not have the same problems as STLC) I think spending time watching price trends is in order. STDM just came off a substantial drop. The sideways channel forming is neutral at best. Price can go either way. So, while I do the research, I have time to see where prices go. Had investors of STLC done something like this, there wouldn't have been so many losses in the $1-$5 range. With that said, I don't think many would have guessed that a company with $50 million in core sales and 30% margins could possibly be selling for $.03 per share (sold as low as $.015 last week). Since STDM is in the same sector as STLC and markets similar products, I must be cautious. John

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