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Technology Stocks : YURI ( YURI SYSTEM )

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To: Feraldo who wrote (352)2/2/1998 12:19:00 PM
From: SteveG  Read Replies (1) of 1181
 
I'm hearing a strong Q4 may be in this week. First Call (and BTAB) are looking for .09. Anyone else think better than a dime?

We're just above the 50dma, and will likely get above the 200dma (on or before earnings). Looks strong, especially if we can close above some resistance at ~24.

also, recent press:

<A>Yurie Signs Three Year OEM Agreement with Ericsson
biz.yahoo.com

and from last week:

<A> CPLDs enable first-pass success
techweb.com

and

<A> Amerindo Group Has 11.75% Yurie Systems Stake
WASHINGTON (Dow Jones)--A group including Amerindo Investment Advisors Inc. has a 11.75% investment stake in Yurie Systems Inc. (YURI).

In a filing Monday with the Securities and Exchange Commission, the group said it bought 144,200 common shares between Nov. 19 and Dec. 11 at prices ranging from $17.50 to $27.44 per share, and now has 2.93 million shares of the Landover, Md., company for investment purposes.
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