Dialogic ready to soar, funds buying Message Board

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Technology Stocks : Dialogic ready to soar, funds buying

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To: Norseman who wrote (498)	10/24/1997 6:31:00 PM
From: Jay M. Harris	of 674

Can't argue Norseman as far as DLGC is concerned. However, I wan't you to understand that I have recently reduced my expectation for the overall market. Intel today pushed out a major fab (1.3 billion) until cal 1999. The semi-conductor group is at the beginning of a down cycle. Those of you that study the semi-conductor group might be interested in my last 30 day posts on the IPEC thread. This industry has just entered a cyclical downturn. This should lead the entire market lower over the next 3 to 6 months. Techs tend to trade together in sympathy. I think $7,500 dow is probable. I am not reducing my 12 month target on DLGC, though, you may get in a little cheaper. Regards, Jay

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