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Technology Stocks : TECD - Tech Data
TECD 144.900.0%Jun 30 5:00 PM EST

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To: Syl98 who wrote (465)2/27/1999 11:36:00 PM
From: Sober  Read Replies (1) of 584
 
Well, lets see if the new week brings us a little more sanity when it comes to TECD. After all, this is not a company who is losing money. They are very profitable, very large and not likely to disappear off the scene even as marketing approaches change.

I was surprised to see this stock fall below 20, and now I will continue to buy it as it falls, looking forward to the day when investors decide to put money into profitable companies of the here and now instead of want-to-be companies of the future, who may or not someday make money.

Anyone have a way of determining about where the floor will be for TECD. What is your best guess, and why. I would be curious to hear your thoughts.

Barry
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