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Technology Stocks : Credence (CMOS): Anyone out there

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To: E. Graphs who wrote (317)6/8/1998 2:42:00 PM
From: Carlson   of 497
 
E Graphs,
I did buy additional shares at 20. However I hedged my position by writing covered calls in case additional weakness persists. Short term the stock could drop further. However if you have a 2-3 year time horizon I feel that is an excellent chance that the stock will be at $40- a 100% increase from existing levels.
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