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Technology Stocks : ASML Holding NV

ASML 1,414

+1.7%

3:59 PM EST

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To: Artslaw who wrote (320)	2/24/1998 2:47:00 PM
From: JC2	Read Replies (1) of 43196

Steven, Fundamentally you are absolutely right. Although I thought ASML would continue to be a day trader until pre-earning announcements were made. I believe this run up is fundamental and psychological. Due to the strong resistance met at the 80 level, I believed it would have taken a step back before popping the 80 dollar cherry. Was I ever wrong... I have been way to focused on S.Korea to see the relevance of the admission, into the AEX. I still believe in a strong buy over the long term but I'm hoping for a little step back so I can cover my positions. I had been long for the better part of three months and enjoyed the tremendous volatility over the past couple of months. I only wish I had a parachute today !! I still believe ASML has a hill to climb with Hyundai... Time will heal all wounds....Regards...

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