Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Leland Charon who wrote (9480)	5/14/1998 5:59:00 PM
From: Judy	Read Replies (2) of 120523

Leland, The whole yr2k sector is selling off, wait and see. Exacerbating the sector selloff is the US trade sanctions against India. Yr2k companies like IMRS, SYNT, MAST, etc rely on Indian software professionals for their manpower. One could foresee the sector selloff for sectors do rotate, but India setting off nuclear explosives is an unexpected monkey wrench ... and this market does not need much to spook it.

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