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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 5:00 PM EST

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From: Tony Harper3/11/1996 6:58:00 AM
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Yea, you are right. If the B-T-B is bad, look out below. What are they considering bad now. I've seen it be called bad when it was above 1 to 1. It appears to me the Dow can't move up more than about 10-12% this year. The stocks are so expensive now that you get nose bleed when you buy them. If the money managers want to make money this year, they are going to have to buy the now cheap semis. I also think they (the big money managers) truely make the market i.e. if they buy, everyone will buy, causing the stocks go up, if they sell, everybody sells and the stock price goes down. They control our fate, but they also control their own. Not a bad position to be in.
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