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Technology Stocks : APSG - Applied Signal

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To: FIFO_kid2 who wrote (785)	5/13/1998 6:31:00 PM
From: Gregory DeMoully	Read Replies (1) of 884

JJB, I currently have over 7000 APSG shares, mostly bought below $12 1/8 a couple of days ago. My timing was good considering the front page articles -- CIA botches it in India. Did you get a chance to increase your "small" APSG position?, it is still not too late IMHO. From all indications APSG will be back to $15 next week. Also regarding SOLP, I am all the way out and have been for some time. I called Eric Davis, the CFO in early Jan. to ask why the earnings delayed and he gave me some BS: "just too hectic over the holidays to get the earnings out on time." Then we get the news of the 200K write off. I never trusted the company after that. Looks like the latest run in SOLP is very suspect IMHO. I wouldn't increase your SOLP position here. P.S. I am mostly out of VARL, good thing after today. I still like the longer term prospects for VARL and would like to get back in after we reconsolidate. Would you consider VARL a re-buy in the mid $11 range, or do you think it will go lower?

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