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Technology Stocks : SSA (SSAX) BPCS/Client Server

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To: Frank Vannucci who wrote (844)8/7/1998 12:34:00 PM
From: Richard Jurek  Read Replies (1) of 915
 
Frank -- agreed. Not a bad strategy. As long as its up, right? Most of those buys for me in the $4 range were on margin, so it was nice to get the point and a half quick cash. But my core holdings...those I am going to hold until we get much higher. $6 is possible today; and I don't see why not. We certainly will pass it a bit between now and earnings; after that, it all depends on what clear numbers we see. If the numbers are in line with what analysts expect, I think SSAX will be much higher by end of the year, and in the low double digits (somewhere in the 10 -14 range). But if we get some sort of Sunbeam-style restatement of the books, then all bets are off (but I doubt that happens -- SSAX already went through the changing of the guard on accountants, and Stuek is taking the appropriate write-offs, so the real negatives have been factored in).

Again: I am holding my core, and will buy on any weakness under $5...but doubt we see that for a while.

Good luck and here come the 6es...

R/
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