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Technology Stocks : Logic Devices

LOGC 7.560

+0.7%

Dec 30 3:59 PM EST

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To: Benjamin Ing who wrote (112)	2/11/1997 11:01:00 PM
From: Martin Spallone	of 141

I have not been following it since I sold at 3 and change for a quick profit last year. Personally, I do not know why they trade near book, but there's no significant demand for their products and semis have not been high flyers since MU trashed last year. LOGC tends to trade well when shorts cover or good news in the SOX index creates a rally then dies down. I'd wait until they can demonstrate a new product that will possess sig. demand! For a skeptical yet interesting co. in a similar but new area chec out Ramtron International (RMTR). I'm waiting for the last bad qtr to pick this stock up around 6 or below. I believe 98 will be big the RMTR. Hope this helps...

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