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Technology Stocks : NCDI - Network Computing Devices

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To: Mark Orsi who wrote (3622)	3/18/1998 7:31:00 PM
From: Just4fun2	Read Replies (1) of 4453

I have a theory on the cause of stock movement in NCD. :) Fundies stink. No sales last year, and no sales this year. Oh... Sorry, I should have said FLAT sales. In any case, given the lack of revenue growth at NCD the stock ultimately gravitates to the 8-9 dollar level- fair value. When the hype kicks in (ie; INTC, IBM New products etc.)there's a modest run-up. After hype dies out, it's back to earth usually that 8-9 level(buy the way resistance has been about $12.00). It's actually pretty clear to me. Double digit revenue growth would change things dramatically. I don't see that happening anytime soon, and neither do they. - Dave

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