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Technology Stocks : Superior Telecom (NYSE: SUT) -- Ignore unavailable to you. Want to Upgrade?

To: Orlando Stevenson who wrote (38)11/13/1999 11:48:00 AM
From: Ron Kline  Respond to of 41
Hi Orlando, I did get out of SUT last year when it started falling back to close to my buy point last year. The stock market was roaring and SUT was going down. Since then I've not followed the company so I can't comment. All I can say it has under-performed in the last couple of years which is different from it's earlier years. The growth rates have really slowed down and I don't think I am interested in the company right now. I look for leading stocks that move with the market over a long period of time. SUT used to be this way but has changed and no longer fits the stocks I buy. I think though that a value investor would not get hurt in these prices and you can still do well, it's just not my style of investing.

Good Luck,

To: Orlando Stevenson who wrote (38)11/28/1999 11:59:00 PM
From: Kurt A. Altmann  Read Replies (1) | Respond to of 41
I would think this stock is a candidate for a price reduction based on tax-selling. I am not experienced in this type of event, and wonder if anyone could give some advice/opinion on when a low will usually occur based on tax selling. Would it likely be late in December, or has this already passed (and most wanting to take a loss for '99 have already sold)? At these, or lower prices, I would expect this stock to do well in 2000.