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Technology Stocks : Logic Devices

LOGC 7.810

-0.5%

Jan 20 3:59 PM EST

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To: scott ko who wrote (85)	4/22/1996 7:47:00 PM
From: BULL	of 141

Scott Don't sob too much about IOMG, what goes up must come down. remember MU, it went sky high and then came tumbling down...It is not clear when the crazyness will end with IOMG, but I can tell you the shorts got their ass kicked just as with MU when it moved to $90; any way before you know it a lot of people will want to get out to cash in and we will see a down turn which could feed on itself, the shorts will get some money back. I may be wrong, but if I remember they are a one poduct company... and competition will come in and take away some of these profits. I plan on watching it from the sidelines.... it is a hard call when all this up or down action will take place... of course with the NASDQ moving up to new records... I would say the market is currently favoring those who are bullish on IOMG. As far as LOGC, we got a nice $15/16 move after $1/2 on friday, and the volume has increased from Friday.. so I am smiling :) Good Luck to all (those who are long of course) Adam

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