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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (9530)	11/26/1997 6:02:00 PM
From: KellyW	Read Replies (1) of 18056

Zeev, you were totally right about shorting the semi's. You were also right about YHOO. Let's face it, people love YHOO, despite its ridiculous valuation. Therefore, it's dangerous to short. AMZN and ONSL are better short internet plays. In the future, I will heed your suggestions with a much closer eye. Of course, that's when you'll blow it! LOL! In all seriousness, I thank you for your input. Currently I'm riding TLDCF long and like that position. GATE's gotta get closer to $1.25 for me to buy. You got any new ideas? Oh, what do you think of PWAV? They're getting creamed in terms of stock price because Korea is their biggest market segment, yet they have been making great money with strong bookings. The fears could be that bookings are bookings and that some of the Korean orders could cancel. Frankly, I think Korea will continue their cellular build out and would cut hospital spending before that...they do like their cell phones.

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