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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Randy McWilliams who wrote (7907)2/20/1997 11:49:00 AM
From: Phil Fischer   of 9477
 
I bought in at 16 5/8 at end of Nov. My target is 19.50-20.00 (if I had adhered to this rigourously I would have been out 3 weeks after my initial purchase). If it trades above 19.50 tomorrow I think I will sell. I will buy back if it falls below 17.00. Anybody have good reasons why I should not sell? What makes me uneasy about this rise is that it is not based on any news or facts. Nothing has really changed since the earnings announcement yet stock is up. Makes me wonder if this is part of the normal volatility we have seen past 3 months and is therefore no sustainable.

Phil
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