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Technology Stocks : Symantec (SYMC) - What does it look like?
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To: John Allred who wrote (504)2/3/1997 6:06:00 PM
From: Dr. J   of 2069
 
I agree with your analysis; I originally bought in around 10 based mostly on Java potential and low PS, and have just sold everything when it reached my price target of 18 intra-day about a week ago. They need new product ideas or some dramatic acquisition to really pump up earnings - otherwise they are going to have to run to just stay up. SYMC is fairly priced right now, which makes it seem cheap in comparison to the other high-fliers (which are over-priced), but worth continuing to watch.
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