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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Ibexx who wrote (7121)1/20/1997 9:42:00 PM
From: RICK SCHINZEL   of 9477
 
Greenspan starts to speak at 10AM but from what i heard his pre-prepared remarks will hit the press almost immediately after he begins to speak. I am of thefeeling that he will not say anything tomorrow that will do anything more than put some pressure on the bond market, and thus some pressure on stocks. I don't think it will be anything like the last time he opened his trap. I also agree that it may very well be used as an excuse by some to move to some smaller cap stocks...what better than S3 tomorrow.

On a seperate note, "briefing com" uses 30 cents a share and feels we will do well tomorrow. However, they state that a "break above 21" is needed before they put us back on their most favorite list.

Anyone see a break above 21 in the cards????
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