Microlog(MLOG): Ready to Move?! Message Board

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Technology Stocks : Microlog(MLOG): Ready to Move?!

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To: Zeev Hed who wrote (304)	11/14/1997 7:15:00 AM
From: ChrisJP	Read Replies (2) of 595

Off topic: Hi Zeev, Better to be 90% in cash then down 15% from Oct highs like the rest of us ! I'm in 25% cash. Was planning to move to 50% with partial sales of SEEQ which never hit 5 1/2 and MLOG at 10+, plus some others. Looks like I waited too long. From here it looks like my stocks have already corrected, but I also know 3 months from now, I will look back and think I should have sold at current prices. I don't need the money for another 6 years. I also think this market is not predicting a recession, it's just gonna correct 20%.. These stocks will all bounce back to where they should be next summer. Between now and then I think opportunities for "Golden Hooks" will be few and far between. Regards, Chris

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