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Technology Stocks : Stanford Communications

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To: Justa Werkenstiff who wrote (47)10/29/1996 4:07:00 PM
From: Ed Frye   of 62
 
I had the same questions Tom. Any help out there?

Re: STII

With a 52 week high in the mid-60s, mutual funds could be unloading STII for tax benefits (Oct 31).

I'm relatively new to the stock and was attracted to it by a couple of articles I read and the fact that it made Montgomery Securities "FUTURES" Top 10 list at a recent Hi-Tech conference in SanFran. Also included on their list was another not so well known small "bandwidth" company that I have been high on for more than a year --- UNPH (bandwidth through optoelectronics).

Their comment on STII was that it had " a unique technology for delivering high bandwidth." Does anybody know what technology they were referring to?

I also liked the fact that STII has both positive earnings and a reasonable P/E. I added it to my watch list about a few weeks ago. I liked it at 50 but waited for a sell off. When it fell 6 points to 26-28 yesterday I felt it had probably bottomed out and and got filled @30 at the open this AM and I'm very happy to be aboard.

Mutual Funds can't buy back stock they shed for tax purposes for 30 days so things may be quiet for a while although I don't pretend to understand how the stock is currently distributed. However, as we all seem to agree, STII is well positioned to participate in the telecom boom and by reinvesting earnings in R&D, we can all look forward to positive developments down the road.

Is anybody still around from when the stock peaked in the 60s? What happened?

ed

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