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  • bsmitham bsmitham Sep 3, 1999 4:18 PM Flag

    need to know

    I am concerned about the costs to FEIC in
    assimilating MICN. Analysts are projecting healthy future
    earnings, but I'm hesitant to continue holding the 1200
    shares I now have in FEIC.

    If Phillips Business
    Systems does in fact control FEIC can't they also have
    FEIC produce products at cut rate prices for them?
    I've seen this type of thing happen with other low cap
    stocks. Earnings suffer and so does the stock price. That
    $6 per share wasn't for nothing. Shorts might be
    thinking the same thing. Long term (1-2) years things
    might get better. I'm satisfied with my profit, but if
    FEIC tests its former lows, I'd be upset.

 
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