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Technology Stocks : Amati - MAIN THREAD
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To: Andrew Won who wrote (566)7/8/1996 3:05:00 PM
From: Derick Schaefer   of 700
 
Andrew,

I like your strategy! I view a bad day/week in the market
as a time to buy. A correction can be even better. Still, the market
has a lot more to do with psychology and less to do with earnings
than one might think--earnings just stimulate the psychology.

As far as AMTX? It's like plumbing years ago. We all knew where
it was going; yet, the question was whether it would be copper or
plastic tubes. Telecom is the hot bed right now and infrastructure
has a long way to go. I bought AMTX on a dip and would do it again.
These kinds of comments where made about MSFT during questionable
market conditions years ago as well.

Derick
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