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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (12205)	1/3/1999 12:52:00 AM
From: Ken W	Read Replies (2) of 29382

Sergio, "AOL is good for Monday" She is just sittin' there on the couch smilin', Jeeez I hate it when she does that!!! Thanks. OVRL: I like the FA on OVRL from Q report of Nov. 12th. Rev's are up 74% Net is down just a bit, but margin is up 4% or so. Worries: There all ways has to be worries....36 track is the saving grace right now and IBM is the primary customer...not good to have most or all of your stones in one wheel barrow (that country talk, Mike H will understand) The sales on 9 track and 18 track are dwindling and have been declared as end of life on the 18 track drives. This to me means that they better quick come up with at 64 or 128 prior to someone else or they are toast. Service and parts are dwindling too. TA wise IMO the stock will continue to trade back and forth from 6. 75 to low 7 for a while until something comes along to motivate it. It needs to go above 7.75 on some real volume to be very safe. That's how I see it anyway. Ken

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