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

To: Sun Tzu who wrote (485)	3/15/1999 9:25:00 AM
From: Stormweaver	Read Replies (1) \| Respond to of 584

The bottom is probably around 15 for this stock unless some really bad news turns up. Considering book value of this stock is 13.40, or thereabouts, I can't see it dropping much below 15. >I think the floor should be right about here. The absolute bottom >should be 10 (around 12 I will start fighting the trend). I also >find it likely that all the bad news is priced in and it is falling >just based on traders action. Take a look at BKS for what you could >expect in TECD.