Xicor ? Message Board

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Technology Stocks : Xicor ?

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To: john rentchler who wrote (536)	7/27/1996 2:28:00 PM
From: Jim Green	of 2920

I agree with what you are saying. Maybe the amount of diversification you have is related to the size of your portfolio. I see stocks I like but don't have the guts to be 100% invested in one. Or 150% invested in one. The trouble is that the stocks I like, XICO for instance, I might buy at a higher price based on future earnings, and if I had bought on margin at the higher price I would be wiped out by now and wouldn't be talking with you. Now it is a bargain. How many people will buy now? If you are margined because you are interested in leverage then I would favor a LEAP like phillip morris. I don't have the latest quotes but on July 9 the stock was at 104 5/8 and Jan 98 call options were at 100- 15 110- 10 120- 7 which indicates to me that on a 20% move you will double your money. The downside is limited to about half your investment but MO will never bounce around like the tech stocks do. Hey those percentages sounds alot like the risk with XICO. Anyway, sorry to stray from our main topic but I haven't any good news to report so will talk about other things.

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