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Technology Stocks : Intersolv News

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To: Arrow Hd. who wrote (911)	6/19/1998 12:27:00 PM
From: Arrow Hd.	Read Replies (1) of 1069

It appears the dust has settled some and MIFGY is holding above the 32/33 area. Volume has calmed down too so the shorting of MIFGY is appearing to be over but volume on ISLI is still strong comparitively so with articles like the one posted earlier the gap may narrow and in addition, MIFGY could move up next week to test the 38 level. This will bode well for ISLI so we repurchased our position this morning. I think articles that point out that neither firm is truly a Y2K deal and that the combination strenthens their product set and customer coverage then maybe MIFGY can poke through 38 in European trading and trade more on software multiples. Anyway, it appears to me that at 17 it is a better gamble to own it here than to not own it.

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