Thermo Electron (TMO) Message Board

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Technology Stocks : Thermo Electron (TMO)

TMO 566.40

-0.3%

3:21 PM EST

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To: John Hayman who wrote (258)	5/1/1998 2:34:00 AM
From: Hectorite	Read Replies (1) of 450

Hello John, The market viewed the TCA news as good based on the price action. Congrats to TCA holders on the 11% one day gain. A grain of salt is in order though. TCA management has been saying the electric heartmate is due for approval "any day now" for at least 8 months. I've been a long term holder of TMO and THI (~5 years). The consolidation in both stocks over the last 1/2 year I think is OK. The growth rate for both is slowing a few ticks and bound to keep trending down somewhat, so no surprise these stocks are lagging a bit right now. On the other hand despite, TMO is so diversified, the downside is limited too. Baring a full blown market tantrum, you may have to wait a long time to fill at 37. You are right to be looking down the thermo food chain for better growth opportunities. I'm not much of a trader, but I have made some money trading a chunk of THI this last year just using a stupid moving average signal. If you look a the chart over the last year and it's pretty obvious why a 9 year old could have been successful doing the same thing: nice fuzzy sine wave. Regards, F.

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