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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (17951)	4/15/1998 8:31:00 AM
From: Jerry Olson	Read Replies (1) of 50167

Morning Ike INTC not a surprize!! sort of neutral, but this market will take it higher IMO...i'll exit all my short/put positions for now looking to enter on down the road... with this report all the news is basically out..these stocks should trend within a range over the next 2-3 months...INTC has capped itself some what because of their caution of next Q...but they SEE better eps ahead in the second half...semis have bottomed i guess, but i'll pass on the sector for now... I'll also close my SOX put out today...fundies will probably start to accumulate the semis during this Q... I'n all the years I've been trading I have never seen an entire sector explode like the INTERNETS....WOW the institutions are gobbling these stocks up with a vengence...these stocks will correct but we should own them...they will become hugh cash cows on down the road...pick one and hold on for dear life... I know your watching the entire market, i would appreciate your warning when you see a potential top....and what your game plan will be... Have a good one, Jerry

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