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Technology Stocks : Micron Electronics (MUEI)

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To: Yakov Lurye who wrote (2174)10/31/1997 9:33:00 PM
From: marc chatman  Read Replies (1) of 4074
 
**OFF TOPIC** -- Yakov,

I've packed it in on APM for the time being. It took me way too long to listen to my own reasoning, though. Still in WDC, although I have pared my position considerably. I will probably continue to trade WDC and rebuild my position after it bases and consolidates (historically, takes a few weeks), also after sentiment for the PC sector clears. I've sold most of my other positions and gone to high % cash. If some of the bluechip techs come down a bit further, I'll move into them first.

Thailand was a lot of fun. You're right, boom and bust cycles are no surprise there. Time now for all those generous banks to write off or write down all those bad loans. In a couple of years, it will be all systems go again. I hear traffic is much better now.
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