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Technology Stocks : FSII - The Worst is Over?
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To: Donald Wennerstrom who wrote (1611)12/1/1997 12:09:00 PM
From: Kent Sarikaya  Read Replies (1) of 2754
 
Don, the disparity in the table you so nicley put together from 1995 to 1997 is, all the companies weren't in synch timing wise. They all dipped between that time frame substantially, but some came back sooner than others only to tank again this last drop.

This recent drop should give the investors out there looking for their double bottom a smile and now let these stocks move up as they should. I figure December will be slightly positive for techs, but January should really start making us happy.

Again, I don't think all the techs will move in synch, but quarter after quarter as more and more companies report positive earnings the momentum should build. I think the ones that came down the hardest will move back up the fastest, while those that sort of held their own the last few months, will start more slowly.
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