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Non-Tech : SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY

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To: mike kennedy who wrote (348)7/30/1997 7:54:00 PM
From: Kent Sarikaya   of 558
 
Mike, I'm new to SFLX and can't really comment on your question. I got in at $11 about 2 weeks ago. I think it should do well in the coming year, I want to trade it now so I can acquire more shares on the dips. That's why i'm interested in the technical indicators for this one. The stochastic oscillator at 80/20 seems to really work well for this stock. This dip just reinforces my condfidence in it more. The next time it gives a sell signal I will heed I think and buy back on the dip. I'd like to have about 5,000 shares of this company before it gets to $18 again and then I will hold till it runs to $30.

From my analysis of projected earnings, if things go slightly below or near projected earnings this stock should still hit $20 sometime wihtin the next year. At or slightly above projected earnings it should hit $30 and if it is dramatically above projected earnings it could go to $50 without too high of a PE.

I hope this helps somewhat.
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