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Technology Stocks : Whittman-Hart (MRCH)

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To: Michael Gleeson who wrote (27)1/17/1997 3:26:00 AM
From: Berle Hollaway   of 109
 
Mike,
Nice hear that you did well on your WHIT transaction. As you say if the market goes down stocks will take a beating. In the case of WHIT, I believe the best is yet to come. I several reasons for saying this:
1. WHIT is still in their first year on the market and they don't want to disappoint the street yet.
2. I still believe that Wall Street has not recognized this company yet.
3. Their additional branches that opened in 1996 are still very much in their infancy and they have plans to open more branches.
4. The inside sales does not surprise me, this is a new stock to the market and the employees of the company hold the majority of the stock.
Good investing for 1997 and keep in touch.

Berle
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