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Technology Stocks : Chips and Technologies

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To: Richard K. who wrote (26)	1/22/1996 3:02:00 PM
From: Mark	of 53

Richard, I know we have discussed this before, but I am still very optimistic about CHPS. I think they are set to rise substantially this year. The signs are all positive, and it is just the current over-reaction to tech stocks that is holding them back. I would expect this all to change over the next six months. All the market forces are moving in such a way that the only way for CHPS is up. I believe they have now resolved their supply issues, the market for their devices is increasing substantially, and their product roadmap is good. I have taken a hammering on a lot of my November/December high-tech purchases but am still very happy with my CHPS buys around $9. Time will tell, but as I said in November, I am looking at this as a one year purchase. I am STILL optimistic that they will be $15-$20 by October (and if the market hadn't blown-up they would have got close to my $15 prediction this month !)

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