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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (64532)	10/4/1999 8:47:00 PM
From: BarbaraT	Read Replies (2) \| Respond to of 120523

Jenna ... yes, MNMD got killed. But this is one company (along with RFMD) that I am not worried about. I know the CEO, and he is successful at everything he does. Spoke to his secretary yesterday who assured me that there is nothing but good news and that the fundamentals have not changed. Also, I noticed a few news items out which mentioned MNMD favorably today and yesterday. So, as the company assured me, I believe it is profit taking and when enough comes in, everyone sells off. Bought a little more today at 73 to average down. Hope it stabilizes here, but in the long term, I know this is a good "investment." I also got out too soon several weeks ago at 80 and watched it soar to 108 so grabbed it at 84 and again at 73. This will be back over 100 in the not too distant future (and I still believe RFMD will be around $60 as well ... my original target was $50, but it has gone over that - hopefully we will see new highs in the next week or two).