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Technology Stocks : Vishay Intertechnology
VSH 14.39-1.5%3:59 PM EST

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To: Haim R. Branisteanu who wrote (3)11/16/1996 4:06:00 PM
From: Teddy Harton   of 384
 
Haim-I noticed on Friday VSH broke above 20 but did not hold.
VSH received upgrade week and a half ago from major Wall Street House
but I believe it was a accumulate upgrade. In the near term, I also
believe we can see a break out to 25. Keep in mind, VSH has worked
thru inventory consolidation and double ordering patterns experienced
in 95 and 96 has been a okay year, nothing like 1995. Does anyone
know if Eddie Brown of Brown Capital Mgmt.(Frequent guest of WSW) is
still as bullish on this company. He was pounding the table at 23 as
VSH was oversold in early summer tech route. Eddie Brown has a incredible
track record and selective stock picking ability. If his group with
800 million in assets are investors not traders, look for VSH to
receive positive publicity in WSW year end selections featured in Dec.
Also, keep in mind, those who bought at higher prices start year end
tax selling NOW, so this could represent short term price resistance.
The overall story on this company has not changed. Read the financials
and you can't help but to understand where VSH is and going to.
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