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To: Chip McVickar who wrote (188)	11/13/2000 11:23:55 AM
From: robert b furman	Read Replies (1) of 12411

Hi Chip, My largest holding is KVHI - satellite stabilized platforms,fiberoptic gyros/current sensors and R&d with many patents in Polymer electro optic modulators. It is my contra cycle alternative to semi-equip stocks.It is the only stock with healthy moneystream this last quarter. Sox has slipped negative Naz is sliding and vix has gone sideways while the 15 minute exp moving average has crept up to provide support - and now it is at the days high 33.60. One vix spike coming up with semi's showing compression strenth(bottoming action) Newp and optic highflyers still dropping but I sure would love to steal that stock. Hard to tell where a bottom is - I'm thinking 30ish to 35 ??? SWAG ONLY Can you smell the bloodletting yet ??? Bob

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