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Technology Stocks : FSII - The Worst is Over?

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To: Stratajema who wrote (1114)6/30/1997 11:54:00 PM
From: Kent Sarikaya   of 2754
 
Glad to see the activity pick up both in the market and here on the board. Has anyone else noticed the length of that last base we established and how it all resembles what things looked like before the last big run up. I'm using a 5 year chart when looking at this. Today just added to the excitement! Like Donald and Joe have been saying, we need just some explosive positive indication and this thing will will balst off like a saturn rocket.

What could that news be... well one of 3 things. First, a takeover of FSI. Second, a very big order or a number of smaller orders in a short amount of time. And last but not least, of course a very positive quarter that will make .80 look like a low figure for '98. Three possibilities and we also have time on our side now.

I think everyone is starting to come around to the fact that techs are going to be steam rolling within the next year for sure and definitely flying high the years after. When do the big funds start moving in without driving the prices too high too fast?

The only unsettling thing I can see in the immediate future is Hong Kong. If the Chinese do anything strange and threatening it could really shake things up in the pacific rim and of course that will efeect the rest of the world and markets. I can't see why they would do such a stupid thing, but internal political manuevering sure could be a cause.

Oh well, time to sit back and enjoy these days as they haven't come around often enough for us FSI'rs!
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