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Technology Stocks : Symantec (SYMC) - What does it look like?

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To: Mike 2.0 who wrote (43)6/6/1996 3:58:00 PM
From: Keith Zhang   of 2069
 
No news did I find about cause of recent drop for SYMC. Maybe it is
profit taking. All the tech stocks except the blue chips like MSFT
and INTL are being hosed. After all the tech stocks had a quite nice
run for a few months now.

Another reason might be that Russell indexes are being recompositioned
and will be released soon (early anouncement already out) so the big
guys are staying on the side lines or doing research how to realign
their strategies until the official release out (July, watch for
heavy volumes coming.)

So be patient now I guess. If it drop some more, it may be good to
add a few shares (only after doing homework).

Mike, I have access to Dow Jones real-time News, but could
not find the insider section you mentioned. It is probably not in
the system.

-Keith
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