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Technology Stocks : FSII - The Worst is Over?

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To: Sparky65 who wrote (1257)7/25/1997 12:35:00 AM
From: Donald Wennerstrom   of 2754
 
Well, whoever is driving this train, they are doing a good job - FSII and SMTL are right in the middle of the track (although SMTL dropped a little today, it did not break the trend line). On 6/23, FSII closed at 13.88 and SMTL closed at 11.00. Since then, both have been in a steep up-channel and never looked back. Today, FSII closed at 18.50 and SMTL closed at 15.50. Since 6/23, that is a gain of 33 percent for FSII and a gain of 41 percent for SMTL.

The total calendar days from 6/23 to today is 31. Over this period, FSII has made an average gain of 1.1 percent per day and SMTL has made an average gain of 1.3 percent per day.

Now I would like to urge whoever is driving this train to "keep it up" - I like it!! I love the ride!! If we can keep this pace intact, who knows where we might end up. At this rate, in another 31 days FSII will be close to 25 per share, then in another 31 days close to 33 per share...... you get the picture!

I would like to know how we got such good train drivers <g>. I think we ought to form a vigilante group to make sure they don't change the crew on us until we at least get to 33 per share.

As I stated before, I wonder why the train crew decided to move out on 6/24 and keep driving in a straight line? Something magical must have happened on that date. It really makes me wonder about the concept of hundreds of investors meeting in the market place to determine the price of a particular stock. It really doesn't appear that way to me at all - I think we have a few train drivers and the rest of us are along for the ride. Anyone else have some theories?

Don W.
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