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Technology Stocks : LEGATO SYSTEMS LGTO -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (289)1/2/1999 8:14:00 PM
From: Mark T. Heath  Read Replies (1) | Respond to of 1138
 
Some might term the stock extended in the short term, but a nice earnings report would solve that problem.

Speaking of institutions, I just checked Thursday's Investor's Business Daily to see what mutual fund had a significant position in LGTO as the paper does each Friday (but Thursday in this case because of New Years). The paper identifies the Reynolds Blue Chip fund as hold .01% of it's total assets in LGTO. That should be chump-change for any decent size mutual fund. I'm not sure which is funnier; one, a fund with blue chip in its name having LGTO as a core holding, or two, .01% of your funds total assets being that significant.

No snow here, but it is cold. Tried to play golf yesterday, but the cold coupled with a slow, steady rain made it unbearable and we had to quit after 9 holes.



To: Mark[ox5] who wrote (289)1/2/1999 8:18:00 PM
From: gmccon  Respond to of 1138
 
I think its been years since they've missed their number. They generally beat by a penny. But golly, this one has some wild swings. I got out at 49 some time back, then was filled with glee/relief when the VRTS news (VRTS buys Segate storage software division) drove it down to 27 in a day. A month later it was... forget about it.