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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (9635)12/26/1997 12:38:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 79378
 
KZAP,

I think TEAL has gone through the dropping period. With $3.1/share in cash, a book value of $3.7, new reseller agreement with Tracor (a $1 B federal contractor), and management restructuring, TEAL is on its way to recovery. Stock has hit $2 the last 2 days. A few more tax loss selling and I think TEAL will likely trade in the 2 range in Januray. Any sign of improvement when earnings are released will send this stock even higher.

Regards,

Tom


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