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Technology Stocks : TECD - Tech Data -- Ignore unavailable to you. Want to Upgrade?

To: Syl98 who wrote (394)	2/3/1999 10:43:00 AM
From: John Finley	Read Replies (1) \| Respond to of 584

Syl, I'm not complaining since I am a 1st time buyer on the dip but generally it's best for a company to hand-hold the analysts during their guidance. If not, all kinds of nasty things are speculated. You know what they say about the street and uncertainty. Of course this gives us an opportunity assuming that the worst possible didn't occur. cheers, JF

To: Syl98 who wrote (394)	2/3/1999 11:00:00 AM
From: Moosie	Respond to of 584

Remind's me of Nortel (NT) last september,when they announce there warning but even worst the speaker left the room suddenly on panic,the stock went down from $50us to $28 in one week!!! Look at it today it's at $60 Sure worked for me, it was like pennies from heaven moosie

To: Syl98 who wrote (394)	2/3/1999 1:33:00 PM
From: csm	Read Replies (2) \| Respond to of 584

Syl, actually this is nothing like Nortel. Nortel did not warn. In response to a question at an analysts meeting they gave the impression their revenues/earnings would be flat. They tried to correct it the next day but goofed further. Nortel's announcement was an example of bumbling communication, not of revenue/earnings warnings. The stock price moved back up because the revenues and earnings were excellent. Obviously that won't be the case with TECD. This doesn't mean TECD isn't unfairly priced! Stuart.