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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: stock talk who wrote (10497)4/12/1998 8:44:00 AM
From: Zeev Hed  Read Replies (2) of 14577
 
Stocktalk, not a rational response, what is happening to SIII, it has my "stamp of approval as well, at it is down 30% from its recent recovery high. Not very nice. The whole group seems to be under pressure again, possibly signaling a coming "mini crash" in the tech.

I would not jump too fast with IMPX either, there has been a lot of damage inflicted on that stock over the last two years and the beginning of the climb will be quite hesitant. I expect IMPX to behave like HAUP, a very slow climb lasting months, with deep retrenchments and finally the recent explosion. When asked on the IMPX thread what are my expectation, I did say a six to 8 bagger in two years (it was at 1.25 or so, and still could revisit these lows, IMHO).

Zeev

Zeev
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