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Technology Stocks : Lexmark Intl. (LXK)
LXK 40.490.0%Nov 29 4:00 PM EST

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To: Fred Fahmy who wrote (55)2/24/1997 9:46:00 PM
From: Teddy   of 160
 
35 or 36 could be the fair market value, but most growing companies are trading well above their fair market value. From what i have heard, sales increased dramaticly this quarter, so low 40's next month seems reasonable.

If you did sell, what would you buy?

I'm in for the long haul; it seems everytime i sell a sock that i think has hit a platue, it jump 5 or 6 points the next week. I trust the management at LXK and believe that they can increase sales and improve margins for several years. The way i see it, there is no reason to sell a stock that is fairly valued.

Let's all enjoy another new high tomorrow,
and the next day.......
Eddie
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