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Technology Stocks : ZORAN jpeg/dvd moguls

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To: Pullin-GS who wrote (1275)6/23/1998 7:53:00 PM
From: chris w burford iii  Read Replies (2) of 1486
 
Pullin. Sorry to hear you shorted zran. It seems to me more good things then bad will occur over the next 3-6 months. I've been surprised zran sunk as low as it did and it's always possible to retest the recent low but my real belief is that zran is pretty cheap now and the short side won't give much of a return and you coould get caught on a quick rebound into the 15-16 area without much in the way of further announcements. When zran runs, it runs awfully fast. With the past two days of high volume it appears others than indididual investors may have targeted it. The i740 intel board news really came out on the internet last week without much fanfare but when it crossed the Dow yesterday the stock just exploded..I think it won't go back to sleep re/
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