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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: Christopher Brainard who wrote (672)10/14/1998 12:08:00 PM
From: JakeSki  Read Replies (1) of 1540
 
Chris,
It can always get worse before it gets better. And at these levels many people are beyond the pain threshold (any one buy in at the $25-$30 range?) but the stock can always go down (BNGO from 10 to 1 looms large).

It is not just the market that is sick, but the world economy in general. Any company that is largely dependent on non-domestic markets is in for a rough couple of years regardless of how sound their company/business plan is.

I am looking for a dead-cat bounce to 12, then bottom out in the 7-8 range before recovering. The chart says *down*.

-- George
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