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Technology Stocks : Pixar: why is climbing?
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To: Gregory G. Linton who wrote (120)12/11/1996 9:35:00 AM
From: Jim Illo   of 128
 
I bought Pixar at $22 in the spring time just before their first quarter earnings report, watched it climb to $25 and have been disappointed ever since. At the current price I think Pixar is a pretty good buy, but you may not see a good return on your investment for 3 or 4 years. As with any IPO, it is impossible to predict when the stock will become hot, so if you wait to get in you may miss an opportunity. Personally, I have Pixar stock in my IRA so I'm willing to wait for a few years to see what happens.

Regards,

Jim
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