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Technology Stocks : Logic Devices
LOGC 7.850-0.6%Jan 16 9:30 AM EST
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To: Winner Victorious who wrote (61)4/3/1996 4:17:00 PM
From: BULL   of 141
 
Winner,

I checked the earnings report, it came out on March 21. The stock proce seems to be trying to find a base in here. Obviously since it is thinly traded the negative news has put added sell pressures which are exaggorated by the low trade volume.

I guess my question why are you so very negative on the stock (or than you had a loss). ALthough the company has some exposure to SRAM, they service telecommunications, video broadcast equipment, medical imaging... They seemed optimistic about 1996 results in the earnings report. Also, supposedly the debt is very low, and the company has shown profits in each of the last 10 years.

Thanks for your input... by the way what stocks do you currently recommend?

Adam
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