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Technology Stocks : SPYG in the mid-teens

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To: Uriel Yepes who wrote (83)10/24/1996 2:53:00 AM
From: Khris Vogel   of 219
 
So you really think the co. should have just presented their investors with a big fat surprise next qtr. when earnings will be down? Now that seems dumb.
The detail in which the co. presented its plans was nothing short of genius, in my opinion. While the Street knee-jerked today when earnings came in a penny below last year (not taking the time to realize that earnings were up an outstanding 60% on a comparable basis with prior yr. 4Q), take advantage of the fund managers' computerized panic and buy some shares before the reality slaps them and they start bidding the price up again.
Reward is not w/o risk, and this co. has displayed pretty good success in its short history. The risk, especially at this price level, is not all that great.
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