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Technology Stocks : Logic Devices
LOGC 7.9000.0%Jan 14 3:59 PM EST
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To: damniseedemons who wrote (12)12/1/1995 8:08:00 PM
From: Winner Victorious   of 141
 
The stock bounced, because it was oversold. Still, they have a VERY
SERIOUS wafer shortage problem, which has lead to sales and earnings
decceleration. It might have been a news on solving that problem
finally, or it might have been a technical bounce, like the one of
most techs on Tuesday. I bought back in two weeks ago at 8 1/2, so
you could say today was not that gloomy of a day. We still have a
long way to go, though, on all of the semi sector. The key is MU's
earnings.
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