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A WINNING SYSTEM
Manufacturer of high-speed digital mini-computer Price rs, t test equipment o s 190 computer accessory equipment, test equipment, p computer accessory equipment, q s 160 S&P 500 140 120 100 80 Do Not Buy! Do Not Buy! t Handle wedges s Handle wedges e 70 up along lows n 60 50 40 g
and modules.
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y k 7-week e base base e bas b Mar 1967
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IPO O IPO O I * * p g volume up Big volume up Big B B B Sep 1966
Digital Equipment–1967 Weekly Chart Heavy volume without t t Heavy volume withou h l further price declines n r Jun 1966 Mar 1966 Dec 1965
Price = 20*eps 9.00 8.00 7.50 7.00 6.50 6.00 5.50 5.00 4.50 4.00 3.50 3.00 2.50 2.25 2.00 1.80 1.60 1.50 1.40 1.30 1.20 1.10 1.00 0.90 0.80 0.75 0.70 0.65 0.60 0.55 0.50 0.45 0.40 0.35 0.30

