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Technology Stocks : komag
KMAG 0.00010000.0%Mar 7 3:00 PM EST

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To: RDH who wrote (672)6/3/1998 4:41:00 PM
From: Wheats  Read Replies (1) of 848
 
RDH,

Don't give me too much credit for getting out of KMAG last week. I'm embarased to tell you what I paid, but timing was an issue. I was approaching 1 year, and I wanted a short term loss before it turned into a long term loss. I don't like this stock much, and don't plan to trade it again. I bought RDRT with the proceeds as they are beaten down, and I believe have a much better future than KMAG.

You might also look at IDTI that fell to a new low today after a pre-announcement yesterday. Another one to look at is TLXN that just turned down a buy out about 10 pts higher than its current value. Word is that another offer may be forth coming, but who knows? I also like CHKPF at current levels (good growth, management, market share, and profitable). Its been beaten down from the mid 40's to 28 due to an untrue rumor that Microsoft would compete in their marketplace. The techs need to improve their tone before any of these make significant inroads.

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