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Technology Stocks : ZENITH ELECTRONICS
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To: Chris Alexander who wrote (148)5/6/1996 8:11:00 PM
From: Fred Fahmy   of 578
 
Chris,

The fact that it closed so strong has to be a positive sign, at leat I would think. As usual there was some 3:30 profit talking but also as usual it recovered nicely in the last 30 minutes. Millions of shares were bought between 20 and 23 today so you would think that these people would not be so eager to sell their shares. I hope we open with an upside gap tomorrow, but who knows there could be some profit taking.

The hotest thing since the technology revolution itself has been the internet. Speed has always been the gate and those companines who can lift this gate stand to make big big bucks. I feel that ZE has enormous potential even if there is some short term profit taking. IOMG and USRX did not go up without their share of short term corrections.

FF
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