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Technology Stocks : Amati - MAIN THREAD

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To: Techie who wrote (547)7/5/1996 5:39:00 PM
From: Mojie Aghaalian   of 700
 
To all:
Please let's not be so hostile towards each other. We are all expressing
our views. Only future would tell who is right and who is not.

Certainly the way NASDAQ and now DOW have been acting is some indication
of short-term correction. Most Mutual funds are 80-90% invested. They
won't pull out. If they pull out they will be hurting themselves. This
is all a game. All the players must adhere to some rules otherwise
everybody looses.

I think most of the selling is going to come from small inverstors like
you and I who are easily frighten.

I think some cash doesn't hurt here. Next week will tell if NASDAQ can
stay above 1150. Let's hope so. Hopefully some big-cap tech stocks
come out with good earnings and give NASDAQ some upside momentum.

Mojie
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