Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Louis Riley who wrote (219)	4/19/1997 2:31:00 PM
From: GJD	of 763

Let's get a few things straight here. I said we are in a small-cap technology Bear Market not a momentum Bear Market (duh-duh). The momentum is down and the momentum players are playing the downside. This game never changes as long as the herd mentality rules on Wall Street. Amerindo has been investing in this market for more than 20 years with a track record that no one can touch, and trust me, he has seen worse. Specifically on RMDY, I agree that their market is crowded and not every company will survive. Maybe RMDY, SEBL and VNTV will be the winners. If you think RMDY will continue to disappoint you can throw your '97 eps out the window, but can this PIG or DOG go down to 17? Sure it can. The momentum is down and you're playing it. But remember one thing, this Pig or Dog or whatever you're going to call it next time used to be a raging BULL, and we all know what wounded raging BULLs will do to momentum BEARS if they're not watching their behind. Enjoy it while it lasts.

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