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Technology Stocks : RadiSys Corp
RSYS 1.720+0.6%Dec 11 4:00 PM EST

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To: grumpy who wrote (134)11/26/1996 2:16:00 PM
From: marie fouchia   of 1472
 
Seeing as I just bought 1000 at 45.5, I probably should start trying to hype this baby up. Obviously I think this is a good price--but for what? Long term? Short term? Day trade? The day trade might not work out--.

I think that the price yesterday had a great bounce up from 41.5 even before the company reiterated its position of denying some of the allegations of the lawsuit that the Barron's article referenced. I did think that it would show a better comeback, but the trading day isn't over YET!

The P.E. right now doesn't look that bad compared to other similar high flyers, and I expect that when the DOW gets tired, profits from there will be transferred into some of the recently "smashed" tech stocks--especially the momentum stocks. IF there is no further negative press. These issues are far from resolved, so there is still a gamble. High risk, HIGH REWARD! I am betting that Radisys management has it together to bounce back from this--.
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