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Technology Stocks : Irvine Sensors

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To: tony vicente who wrote (566)	3/6/1998 8:08:00 AM
From: Ed Newman	Read Replies (1) of 1673

I don't want to be a bearer of bad news but didn't the company say that revenue stream was significantly cut due to close of Vermont? The first half of the year we will not see earnings from all this activity, so realistically, if the stock runs ahead of itself, I can't imagine it being sustained there. I have been accumulating since last summer and traded in and out with last autumn's spike. I love what the company is doing, but I have had other stocks which people said would be at "20 by year end" and it only leads some people to false hope and frustration. Again, I am extremely positive about the prospects of this company. As for yesterday's action... YES! Many thanks to the management who has worked so hard to build a quality team characterized by innovation and vision.... ed

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