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Technology Stocks : FDC : First Data Corp
FDC 31.690.0%Aug 5 5:00 PM EST

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To: Uncle Mikey who wrote (7)1/30/1997 12:06:00 PM
From: Brian C   of 323
 
Day to day the market is a voting machine. In the long run it is a weighing machine. My bet in FDC absent new info is for the long term. I have no idea why it would drop on a positive earning report but will buy more if it gets near 35. I am in no hurry I just hope the company keeps performing. I understand there have been reports about credit card usage being down and that may be the issue of the moment but I hardly expect the world to quit using credit cards and in the long run expect people will rely on cards of some form or another on an ever increasing basis.

Brian
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