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Non-Tech : RAINFOREST CAFE
RAIN 3.569-9.1%Jan 12 3:59 PM EST
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To: Jack L. Dlugach who wrote (737)9/21/1996 2:07:00 AM
From: Dennis Vail   of 4704
 
Hi Jack,

I agree with you about the possibility of a market correction. But you know what they say, the real loss in a correction is not having the money available to take advantage of the bargains that it creates. So it's nice to have some cash and just hold stocks you stongly believe in. Probably when it will come is when we aren't expecting it.

Congratulations on the trades you mentioned. Those sound like some nice profits. It's kind of hard to figure though when to raise and when to fold them. Got an opinion on what the Fed is going to do?

"Wifey" is typing: "Hi. How many college football players does it take to change a lightbulb? Only one, but he gets 3 credits for it. Goodbye, Jack."

My own instincts are that this ain't '87 and as long as the tech stocks keep improving fundamentally like they seem to be doing the market won't drop too far or for too long.

Que sera,
Dennis
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