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Technology Stocks : FDC : First Data Corp -- Ignore unavailable to you. Want to Upgrade?


To: Y. Bob Ai who wrote (130)11/21/1997 9:06:00 PM
From: Uncle Mikey  Read Replies (2) | Respond to of 323
 
I hold FDC for it's future role in electronic commerce. Sure there is lots of competition, but FDC, in my opinion, is extremely well positioned, via it MSFDC alliance with MSFT, and it's size.

My personal opinion is that the sell off is terribly overdone. Lehman Brothers recently said basically the same thing, saying the stock is worth at least $33 right now, and $40 in a year.

You might take a look at Value Line or S & S reports. I will continue to hold the stock and would buy more at these levels except that I don't like too much held in one security.



To: Y. Bob Ai who wrote (130)11/22/1997 1:32:00 PM
From: raymond marcotte  Read Replies (1) | Respond to of 323
 
bob, you don't say why you bought fdc in the first place and exactly what your objective (was) is.

if these issues have been resolved and a decent fundamental review undertaken then you do not have to make postings like the one i am now addressing.

you are in a somewhat risky situation with this stock. it just doesn't want to move off of a dime - 290 of them to be exact. a technician might say the the stochastics are heading for a bearish signal. without any obvious news, you will go nuts trying to figure out what happened, if it falls more. or you will go crazy if it continues its crablike sidewise movement.

the best investment advise i ever got is to 'sit on your hands' if you ever get restless about your positions in the market. do what you have to do, but know why and when!

ray