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Technology Stocks : FDC : First Data Corp
FDC 31.690.0%Aug 5 5:00 PM EST

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To: Y. Bob Ai who wrote (130)11/21/1997 9:06:00 PM
From: Uncle Mikey  Read Replies (2) of 323
 
I hold FDC for it's future role in electronic commerce. Sure there is lots of competition, but FDC, in my opinion, is extremely well positioned, via it MSFDC alliance with MSFT, and it's size.

My personal opinion is that the sell off is terribly overdone. Lehman Brothers recently said basically the same thing, saying the stock is worth at least $33 right now, and $40 in a year.

You might take a look at Value Line or S & S reports. I will continue to hold the stock and would buy more at these levels except that I don't like too much held in one security.
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