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Technology Stocks : Applied Magnetics Corp
APM 1.0500.0%Jan 16 3:59 PM EST

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To: T.R. who wrote (10296)11/11/1997 5:38:00 PM
From: Chris Anderson  Read Replies (2) of 12298
 
T.R.
I'm with ya, pal. I bailed this morning at a loss. Also, bailed out of QNTM (still a big gain) and WDC (small gain). I'm building a house. Looks like I can still afford the house but not any furniture or carpet:-)

Good time to have some cash on hand. Mkt sucks, especially for guys like me who like to play around with tech stocks. I think some tax selling is occurring early this year. Mkt will probably pick up in Jan barring any other unforeseen events. I think some accumulation may even start occurring in DEC.

Hopefully my appetite will return and I will quit waking up in the middle of the night to check on the Hang Seng!

Best wishes and good luck! ........ Chris
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