Electronic Contract Manufacture (ECM) Sector Message Board

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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: patroller who wrote (1562)	6/1/1998 3:14:00 PM
From: Asymmetric	Read Replies (1) of 2542

What a Dreary Day, (Nasdaq -34) Gotta believe a lot of players in the tech sector are getting margin called after today. Hard to determine fair market, especially when market is being driven by emotion, like it has been last couple of weeks. Fear will override fundamentals, and your stock will be worth only what someone else is willing to pay for it today. Lot's of momentum players switching to the short side, so stocks will be driven below fair value...and which doesn't help the mix any. On the bright side, lot's of tech stocks/tech indices very close to supports. Don't see any lift for today - maybe Weds/Thurs for rebound up, IMO. Peter

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