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Technology Stocks : WDC/Sandisk Corporation
WDC 139.09-0.8%Nov 21 9:30 AM EST

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To: Mike Winn who wrote (1854)11/26/1997 5:54:00 PM
From: Michael C. Woodward  Read Replies (1) of 60323
 
For what its worth.

Yahoo did an interview with James Cramer (TheStreet.com), a wall street hedge fund manager, last night. Here are a couple of questions that he fielded.

Do you agree with Abbey Cohen that the Dow will hit 10,000 by mid-98?
Yes, I am in the AJC camp. She's pretty good.

Do you have any feel for when the market will settle down?
First quarter 1998.

Do you see more downside in semiconductors?
I am staying away from that sector for now.

Are tech stocks going to continue to produce double digit revenue in 1998?
Tech stocks are a great long-term play.

What's your outlook on tech stocks, long-term and short-term?
Short-term will be very tough, but there will be a year-end tech rally.
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