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Technology Stocks : Paradigm Technology(PRDM)

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To: Donald B. Fuller who wrote (74)7/11/1996 6:29:00 PM
From: Gary Burton   of 259
 
Don-I sympathise with your dilemma--Frankly, I would be inclined to switch into another deeply depressed computer stock but with the bid now 5.25 your downside in PRDM st. might be to 3.75-4 bid area and then maybe a bounce-- in the meantime, you might consider the following deeply depressed stocks to watch 1)Silicon Valley Research $16 down from the high 40's.They are semi equipment stock with no debt and $10 in cash on b.s. Book is 17.25 and Mar qtr sales annualized were about 22.75. They sell mainly to INTC, IBM,TXN and MOT -see thread here as well as Edgar 10Q. I bought this yesterday at 16.38 asj is now 16---longer term idea 2)IDTI but only if it prints 9.125 bid or lower (it touches 9.25 today and went nack up---It needs to at least exac match its old low (9.13 or lower per wave count)---I suspect any rally will fail below 17ish. I don't own i 3) Credence Systems 13---wait on this I think it will retest 11.50
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