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Technology Stocks : Silicon Valley Group

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To: Ian@SI who wrote (1354)	12/10/1997 5:11:00 PM
From: David Aegis	Read Replies (1) of 2946

Ian, I agree. The order is an important indicator of the superiority of the SVGL scanner. But a lot of investors are taking tax losses. I still have a solid gain, but am just now getting into the 18 month long-term holding period. Didn't think it made sense to lighten up back when the stock was in the mid-30's on the rumor of DRAM weakness. And I think the shorts were really bailed out by the Korea-based turmoil. I look for a strong January Effect. Then again, I also didn't really see selling at 35 when my longer term target for the stock was (and remains) much higher than the 35 level. Let's hope SVGL works out those production bottlenecks! --David

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