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Technology Stocks : OCCF Manufacturer of FIBER OPTICAL CABLE NEW IPO uptick up
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To: PHIL L. FARRA who wrote ()5/13/1996 10:36:00 PM
From: r.p.neelakantan   of 21
 
Phil,

Thank you for bringing to our attention. I read on thursday and missed checking price until this morning. I was wavering to buy this morning at 23. Thn by noon time it had shot upto 26.5 with apread of 2!!!!.I finally got some at 26. Their website was very impressive. I just hypothesised an eps of $1 for 97 and at a pe of 40 should hit 40 once it is taken notice of . IBD has a stength of 95 .you are right this is going to be only an upstick no significant pull back in the coming days. This is a better bet than chip stock. will not go out of fasion for a year.

thanks

neel
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