FDC : First Data Corp Message Board

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Technology Stocks : FDC : First Data Corp

FDC 31.69

0.0%

Aug 5 5:00 PM EST

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To: Art Ebbands who wrote (46)	3/16/1997 3:19:00 AM
From: Uncle Mikey	of 323

Sounds good, but what leads you to believe that FDC is taking business from Moneygram and National Processing? Also, why did Putnam sell? Any ideas? Putman is a pretty respectable investment company. I agree that the HK deal is a good longterm development. As I am sure you are aware, the CEO, after last Q said that the company would be looking for growth internationally. I've checked your other posts and you appear to be a pretty good TA. What do you make of FDC closing at it's lowest level in quite some time; just a tad above it's 52 week low actually. Do you see 34 as support? Unfortunately I am out of cash and can't buy much of anything else right now, unless it's on margin. And my convictions on the short-term trend are not strong enough right now. If I see FDC drift significantly lower I might bite, though. Mike

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