Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Nancy who wrote (11570)	12/14/1997 2:18:00 PM
From: Judy	Read Replies (1) of 94695

Nancy, let's keep a sharp watch for 10Q filings in times like this. CSCO started falling about 2 days before they filed. We were aware of the SEA risk, but the panic selling happened quicker than I thought, but there will be a relief rally soon and longs should take prudent action to protect themselves. Yr2k risk I have been long aware of. As the time draws closer more and more companies will start caving since they have no remediation or timely solution, or the market will perceive that they don't. The banks and financial companies now that are hitting new highs will swoon in '98 due to the yr2k problem. I have gone long yr2k stocks again recent recent weakness.

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