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Technology Stocks : Aeroflex (ARX)
ARX 12.62+0.6%Nov 12 3:59 PM EST

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To: Linda Kaplan who wrote (272)9/29/1997 9:01:00 PM
From: Kerry Lee   of 586
 
Linda you wrote:

<<ARX seems to be languishing a bit. I'm getting spoiled I guess.>>

This might be an opportunity to accumulate more at this level or if it dips again tomorrow. The low volume dips appear to be weak hands being shaken out. I predict not only a stellar first quarter 1998 but also I would not be surprised if more Wall St coverage is initiated on ARX with earnings due around mid-Oct. The pros typically time their BUY ratings a few days/weeks ahead of a good quarter. This makes them look like geniuses, when in fact they usually have pretty good guidance from Management. Just my take. I have no facts, just an opinion of typical Wall Street machinations.
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