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Technology Stocks : KLA-Tencor Corporation (KLAC)
KLAC 1,261-1.4%Dec 29 3:59 PM EST

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To: Jerry Olson who wrote (1067)3/26/1998 8:28:00 PM
From: Ian@SI  Read Replies (1) of 1779
 
Jerry,

I'm not sure the market is quite that crazy. With interest rates where they are, the inflation outlook where it is, productivity continuing to exceed expectations, continued restraint in Government spending, ..., where else can one put money?

Even with specific companies, in many cases the bad news now seems to be behind them. Thus why not buy fundamentally sound companies with outstanding prospects at reasonable prices?

Personally, I'm more afraid to be caught out of the market than in at this time.

Ian.
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