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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Norrin Radd who wrote (8490)3/27/1997 2:44:00 PM
From: Niels Larsen   of 9477
 
Hi. You caution that since the tech market corrected more last
summer than it has done this time, that it may go down more. But
last summer a weak PC and chip outlook triggered it, this time
there is no slowdown in the forecast, quite the opposite. That
makes me think that we are probably now at the low of techs. On
the other hand, if a longer term trend is started with another
rate increase or two, then maybe you will be right (I think not
and thus I'm now on the buying side, small caps only.)
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