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Technology Stocks : Raptor systems
RAPT 33.64+7.8%Jan 9 9:30 AM EST

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To: Don England who wrote (40)7/25/1996 11:04:00 PM
From: Michael Sun   of 84
 
Don, it's going to be a major disappointment if RAPT
stands at $16 for all 1997. Given the risk involved
in this baby, I am expecting a reward of 100% by the end
of 1997. But then, according Zacks' estimates for 1997,
the P/E will be 70 -- worse than IOMG stands right now.

I bought this one the day after its IPO, at $29 per share.
Riding the bull(Hype) to the top, came out with $9 gain.
Went in again at $22 and now ready to put in a stop at $15.
It is shaky.

It is even shakier for the stock market. I am turning bearish
from neutural in the last couple of weeks and thinking cleaning
out all the weak stocks. Looking for some stocks that's going
to ride out the bear market fine. ORCL ?

Michael
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