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Non-Tech : RAINFOREST CAFE
RAIN 2.740-2.5%2:32 PM EST

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To: Dennis Vail who wrote (150)7/15/1996 5:02:00 PM
From: Jack L. Dlugach   of 4704
 
Thanks Dennis. Today is one of those days I'm glad to be
underweighted in tech stocks but, still...

I'm beginning to think a lot of these stocks get driven by
nothing more than the II rag: look at Ampex, for instance,
which was 3 1/2 until II recommended it, sent it over 14 on
nothing but rumors of the "keepering" technology which may
never do anything for them and today it's back around 5. I
bought a couple of stocks on their recommendations and the
same thing; that's one rag I do not plan to renew. D&B, by
the way, did not go up on their recommendation. That company
was being recommended by many restaurant analysts as the best
part of Edison Brothers and a steal at 11 when it was spun off.
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