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Technology Stocks : PRI Automation up 30%
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To: MRO0054 who wrote (94)11/7/1996 8:04:00 PM
From: Scott Maxwell   of 193
 
Have to agree. The report is strong but not a blowout, and there are a few cautionary signals which usually presage more cautionary signals. <g> I sold half my position ten days ago in the 35s and bought BRKS at 10, sold that today at 14 1/4. Who said this was an efficient market? I prefer buy-and-hold, but not when such gyrations make a mockery of long-term investing. So I hold my core positions and buy and sell supplemental chunks as price discrepancies appear.

PRIA is a quality company that should reach the 100s before the end of the decade, but I think the market will find a reason to shove it back down below 30 before permanently leaving those levels behind. <g>
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