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Strategies & Market Trends : Tech Stock Options
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To: Tom Trader who wrote (6178)3/19/1997 1:35:00 PM
From: Nancy   of 58727
 
Tom,

agree with you on INTC assessment. Still waiting for a better price.

well, I have CSCO (my largest position), what can I say ?

INTC, MSFT, MRK, PFE & GE - except MSFT & GE, all are losing me money now.

If I remember correctly, Barton Biggs called similar thing either late 1995 or early 1996 when all the semi were sold off - he is calling people to sell all tech stocks and we had a scary Jan 96 - Naz going down 2 weeks in a row w/o any rebounding - that was when I bought my first CSCO. This time he may have some merit though. Still, Asia markets are largely in developing stage, and that is where the growth would come once it really gets going.
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