Sequent Message Board - Msg: 3104210

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Technology Stocks : Sequent

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To: van wang who wrote (722)	1/6/1998 1:07:00 PM
From: Rick Smith	Read Replies (1) of 1229

Goldman rated it a market performer 12-9-97, but seem very positive next year. While that's old news, the language that they used in the report implies the possibility of an upgrade if this quarter looks reasonable. The consenses is .45 and that is their estimate as well, but they indicated the very real possibility that the number would be slightly higher than that. They also indicated their belief that SQNT would be able to pull off the Unix/NT operating system box. Dorsey Wright has SQNT on their screen as a buy this morning with a tight stop of 18 1/2 and a target in the old high, 31 area. The trend is positive as the stock came right down to the bullish support line and was able to hold and consolidate. This one looks good here and it would be typical for Soundview to lower an opinion if they can't get any info on the earnings before they are actually announced. This protects them from any downside suprises and allows them to raise the opinion again once earnings are released. Good Luck. Rick..

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