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Technology Stocks : Xicor ?
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To: Janice Shell who wrote (419)7/11/1996 11:04:00 PM
From: kblaine flaherty   of 2920
 
Janice,

i think pair was down about $3 in after hours trading, sorry!! maybe after people have thought about it for the night they will bid it up again in the morning, there seems to be no stopping this market, i think the safe thing to do now is wait till wintel reports earnings to either stabilize (if good earnings) or add heat to this melt down (if bad earnings). as michael has said on previous posts don't try to catch a falling dagger (or something like that). as the market comes unraveled i can only wonder what jeffery vinik is saying to himself, maybe something like "i called this selloff, but i was a year early" nothing like being right at the wrong time. i suppose he is starting to lick his chops about now and dive back into techs sometime SOON.

blaine
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