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Technology Stocks : Xicor ?

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To: Eric Miller who wrote (401)7/10/1996 3:59:00 PM
From: Michael Sphar   of 2920
 
Our messages are crossing in the mail...This whole sector is looking plenty ugly. Looks like you've taken the opportunity to increase your xico holdings. I think thats a wise call. Its not even a question in my mind that I want to stick with my position here. Hedging is nice, but I have confidence that the tone of this sector is soon to change.
I'd expect that shift to become apparent in the next 1-2 months, at least with respect to xico. I'd look to load up on this stock some more today is a good buy day, right now in fact, and maybe again in late July to mid August. I don't have much hope on this, but earnings could turn this current mini-trend around for a short upward move. Not enough to consider trading on, just a psychological lift.

Regards, Mike
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