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Technology Stocks : PRI Automation up 30%

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To: Jim Tao who wrote (38)6/13/1996 7:48:00 PM
From: HB   of 193
 
Does anyone with more technical analysis savvy than me
have thoughts on when to get back in (I sold 2/3 at prices
in the upper 30's). Philip, I've noticed you seem pretty
good at short-term timing. I probably got a bit today, and
am planning to get more in case it goes to mid 20's...
I agree with you Jim, it is probably just a pullback after a
nice run. It's also a slightly delayed reaction to the general
drop in semi equipment.. . I think the delay in dropping is a
somewhat bullish sign, but like I say I'm no short term whiz.
(I've just noticed that when I'm sitting on top of a big gain
in a stock bought on a value basis, I usually do better to sell
some than wait for the market to "fully value" it according to
my notion of what it could be worth).

Howard
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