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Technology Stocks : American Power Conversion

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To: Sergio H who wrote (926)	2/21/1997 7:29:00 PM
From: Fred Weiss	of 2574

Sergio - Absolutely. There are some terrific bargains out there. Look at ESST. They got beaten down to $22 rebounded and then announced a new $24 million contract. C-Cube also beaten up. Adobe is approaching a major support level at $35. Kulicke and Soffa should double from current levels within 6 months. For patient bottom fishers (like me) there's Macromedia at about $8.25 on the verge of releasing a major upgrade and with $3 per share sitting in the bank. If it goes like last year, we will see a rollover into smaller cap stocks creating a short term bull market followed quickly be a 5% to 10% correction. Then we can start all over again. Fred Weiss

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