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Barber & Bronson Inc. issues a sell recommendation on Sequoia Systems.


FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--July 17, 1995--Barber & Bronson Inc. issued a sell recommendation on Sequoia sequoia (sĭkwoi`ə), name for the redwood (Sequoia sempervirens) and for the big tree, or giant sequoia (Sequoiadendron giganteum), both huge, coniferous evergreen trees of the bald cypress family, and for extinct related species.  Systems Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:SEQS).

Friday's closing price was $8 3/4 and 2,115,600 shares were traded. 100% of the shares outstanding traded in the past week. Barber A barber (from the Latin barba, "beard") is someone whose occupation is to cut any type of hair, give shaves, and trim beards. In previous times, barbers also performed surgery and dentistry.  & Bronson's initial recommendation was on 11-01-94 at $3 13/16 as a special situation in their exclusive newsletter, The Market Monitor. Barber & Bronson Inc. recommended Sequoia Systems once again as a "Stock in the Spotlight" in the firm's newsletter on 04-01-95 at $4 1/8.

"We feel the stock price is ahead of the company's fundamentals. We would be buyers of Sequoia again if the stock price falls below $6," stated Steven N. Bronson, president of Barber & Bronson, Inc.

Barber & Bronson Inc. is a full-service brokerage and investment banking firm with offices in Fort Lauderdale and New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
.

CONTACT: Barber & Bronson Inc., Fort Lauderdale

Haguy Shecter, 800/729-7173
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 17, 1995
Words:154
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