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Technology Stocks : Scientific Atlanta -SFA- going up ???

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To: marc chatman who wrote (93)7/31/1997 8:37:00 PM
From: scope   of 1045
 
Marck:
Backlog is not a good indicator any more. Now we have the:JUST IN TIME
delivery consept.Companies do not like to keep too mach in inventories
and work in process. Lesson from semis:When things went bad, they had to write off huge losses.
Anyway, the big block that was overhanging is out.Let's hope from now on will see some improvement. 485000 shares for a total of 2 mil was a sell.
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