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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: ted quinn who wrote (11363)6/29/1998 4:15:00 PM
From: Don Earl  Read Replies (1) of 14577
 
Hi Ted,

<to me it looks like stagnation>

Yep. And that's the way accumulation patterns look. It shakes out the weaker players while the stock slowly moves into stronger hands. It's boring as hell to watch but there's usually a pretty good pay off down the road.

I've been adding to my position on the way down. I'd like to pick up a little more but we're getting close enough to earnings to where I think I'll wait and see what it does after the numbers come out. Unless they sandbagged last quarter (might have), I'm figuring around -.38. If the lemmings panic when they see the numbers, I'll snag me a few K shares on the dip.

Regards,

Don

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