Tandem Message Board - Msg: 815734

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Technology Stocks : Tandem

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To: General Crude who wrote (42)	2/13/1997 12:17:00 PM
From: V Lakshman	of 55

Bought at 13 1/4. Somewhat undervalued. Based on prospect for market expansion in fault-tolerant computing, my fair price estimate is 18. Wouldn't touch a stock with upside less than 100% except that I'm getting nervous about the market as a whole. Limited downside risk and decent upside potential ... lakshman p.s. On a vein akin to the Dow-hemline connection, I've found that a good time to buy a tech stock is when posts to SI dry up ... Also when company starts hiring technical personnel (both true!) Why? The momentum crowd is out, the company expects to expand, the momentum crowd will soon be back in.

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