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Strategies & Market Trends : Tech Stock Options

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To: Darth Trader who wrote (36908)	3/17/1998 7:12:00 PM
From: AlienTech	Read Replies (2) of 58727

JBIL beats estimates but warned of sequential revenue growth being flat. So they will make $2 for fiscal 98. Still double last years. CNBC says its trading @ 32 or something. Might be a good play for long term holders as was warned by the analysist a week or so ago. They expected to see softness for the next 2 q's till product transition and inventory control comes into play. It seems everyone is shocked by this. Either I am missing something entirely here or someones tryign to scare the bejas out of people. A stock that traded at 60+ loosing half its value at the same price as over an year ago even though they are still growing and has a P/E of under 20 now. Remind me of EFII..

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