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Technology Stocks : SPYG in the mid-teens

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To: william t. cannon who wrote (76)10/16/1996 11:05:00 AM
From: Uriel Yepes   of 219
 
I believe we will be in the 18 to 19.75 trading range until earnings. At that point I think it will jump to the 25-29 depending on how strong the financials come out. Only positive news has come out and I strongly believe they will beat estimates. I am long on this stk and if I sell in the short term I surely will be back in before it goes up to far. The management has stressed strong financials and its belief of riding the internet wave versus going against it (NSCP) will insure their success.
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