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Technology Stocks : APSG - Applied Signal
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To: Mark who wrote (868)4/15/1999 11:55:00 AM
From: Christopher Brainard  Read Replies (3) of 884
 
Looks like the bottom has not yet been reached.

Looks like the 2nd quarter is going to be pretty weak, my guess is we will be very lucky to break even. When the results are released, the stock is likely to dive perhaps below $5. When this happens, I plan to be a big buyer! Think the longer term prospects for the company remain good. Would not be too surprised to learn that the current weakness is due to the government paying more attention to Y2K issues than to their normal activities. If correct, this situation could reverse itself next year.

Chris ....
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