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Technology Stocks : Zitel-ZITL What's Happening

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To: CalculatedRisk who wrote (14503)3/5/1998 12:33:00 PM
From: Pancho Villa  Read Replies (2) of 18263
 
I guess Bill Wexller was right. With a net short exposure I've been having pretty good days on market up days. However, today I am down about 1.4% isn't it funny! Tremendous flight to quality into Internet stocks y2k stocks and stuff seen as not related to Asia. Would not be surprised to see BFIT close in the black!

Given the coming slowdown in earnings and the recent run up in stocks the drop we are seen today is ridiculous. IMO more will come. Just wait!

Pancho
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