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Technology Stocks : SAP A.G.
SAP 244.43-0.2%3:59 PM EST
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To: Bob Duclos who wrote (2445)9/3/1998 3:19:00 PM
From: Maxer   of 3424
 
Bob-- Your percentages are correct, however if one compares NEW LOWS, we have hundreds more this year as compared to 1997. This is a bad sign.

Secondly, The earnings for many companies have worsened considerably since October 97.

And probably most important, the mood on the street has grown quite bearish. I think it's going to get real nasty before it gets better. I wish I was wrong, but I don't think so. Good Luck.
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