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 Technology Stocks : CyberGuard Corp. (CYBG)


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To: sallyu who wrote (21)7/25/1996 9:33:00 AM
From: Ula Hartner of 2616
 
CYBG has dropped steadily over the past 10 days, on mostly light volumes.
Few institutions have stepped in as buyers, partially because of the
market; partially because of the planned secondary. Analysts can
not publish anything while they are doing secondary so the stock has
little street support. I think the stock will act better once
they made the final decision about the secondary. Meanwhile, there is a short
position of 76,000 on the stock.
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