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the chairman of tsemf, who is the chairman of dssi, went over to israel for a three week trip and should be back next week. the key that is very important is tower is crucial to israel and the success of this tecnology diriven economy. the fouth quarter is already in the banks as management has said. rememer, stock prices are illusions in the short run and overtime the market never lies. what is happening now is portfolio managers are cleaning their losers and rotating to other stocks. last year the seligman technology fund sold its whole stake,18% at 10 dollers in which he owned at least aroun 20$...he missed a stock doubling and dividents of 2.50 per share. what i'm trying to say you have people that own it 20$ rather sell it then admit they maded a mistake in short run. what is good is probably the whole float has turned over and we fresh owner between 10-13. so we are at the tai l end of selling and when stock starts to turn it could bounce to 14-16 before you have a lot resistance. bear will upgrade them after the first quarter. be patiece, don't watch the stock screen, you own a growth company that stock price is unrealistic to stay down here. i also like, electroglas(egls), xirc, anet, wcom, cnc, lwn.gntiy. |
