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Technology Stocks : Telxon (TLXN)

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To: James Petersen who wrote (211)8/21/1997 10:32:00 PM
From: joe pinto   of 378
 
James,

What I meant to say was that I would lighten up if it dropped to the 22 1/2 range. If it went up to 26 1/2 , I would sell all. Accuracy was never one of my strong points. Have turned a pretty good profit and would want to take some more out if it started to go bad.

One never knows.

You are absolutely right about the chance I'm taking.

IMO -- they will have a good looking financial statement this quarter also. Margins will be higher. Lower Gross sales would be a killer but I think they held back last quarter.
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