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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (860)	2/19/1998 11:58:00 AM
From: Judy	Read Replies (1) of 34816

Jan, LU does not belong in the same pile as AOL, and DELL not yet. The market is pricing into LU both the HUGE growth in the telecom infrastrucure along with the growth from its DSPC chip, a double whammy from two sectors ... telecom and semis. For many moons I've posted that LU and CSCO should trade at parity, that continues to happen when one adjusts the current price of CSCO with a 3/2 factor due to its recent split. TXN rose from 40ish to 57ish and was under a heavier cloud than LU ever was, so percentage wise LU's rise is not lunacy at all. Best to examine fundamentals and market sentiment when things appears to have no rhyme or reason. To be continued on the Stock Attack thread ...

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