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Technology Stocks : Chips and Technologies

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To: Rob Mannel who wrote (44)	2/16/1997 8:38:00 PM
From: Don Earl	of 53

Hi Rob; I would expect a companies growth rate to slow down if they had no new products. This isn't the case with CHPS. Improved 2D now, new 3D product expected by Summer. I don't expect much this quarter but next quarter should reflect the new technology. Like you, I also like the looks of the pattern the charts are forming. I also believe that when it kicks loose it will happen fast and I would rather be invested at current levels than 2 days late. 2-6 months is my guess but it could happen any time, especially if the Goldman Sachs symposium produces an upgrade. I think a support level in the mid 20s is realistic and a feeding frenzy could push it well beyond that. If I'm right I'll be driving a Dodge Viper this Summer if not I still get a reasonable return on my money. These statements contain forward looking, etc............... Good Luck! Don

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