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Technology Stocks : IS ISSI A VALUE FOR THE LONG HAUL

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To: Jeff Carolla who wrote (4)8/25/1996 10:25:00 AM
From: Gary Burton   of 33
 
Last Monday-Singapore inv fund filed for sale another 500,000! Judging from the volume of blocks last week, I think they still have about 300,000 to go at least. More to the point, WHY on earth are they selling NOW with the stock down 85% and selling at cheap balance valuations? Maybe the Sept qtr will be a debacle with cash down sig?? June showed a 5c profit (ex-w/o) but Sept may be a disaster? Otherwise, why sell at this point? Something doesn't compute.
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