General Semiconductor / GENERAL INSTRUMENT Message Board

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Technology Stocks : General Semiconductor / GENERAL INSTRUMENT

SEM 15.43

+2.3%

3:59 PM EST

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To: louis mason who wrote (23)	1/24/1997 12:09:00 PM
From: John Hunt	of 99

louis, I am not the person to ask an economics 101 question so I will defer to someone else to comment in detail. Having said that, rising interest rates are always bad for any business with debt. Most of my investing is based upon my somewhat unique methods of technical analysis. On that basis, the stock turned around twice on hitting the 18+ level, the second time on reduced volume. Baring a catastrophe, I think that is the very lowest it can go. Having said that I think it is just breaking out to the upside and has a short term risk of dropping to about 22 1/2. Money Flow into the stock is positive as I measure it. As far as my background, it was in the telephone industry followed by a stint with a data manufacturer (not GIC) followed by owning a retail computer business. I am now retired. If you click on my name in a post, you can see my profile or anyone elses. John

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