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Strategies & Market Trends : Waiting for the big Kahuna
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To: Mike M2 who wrote (21340)7/7/1998 4:48:00 PM
From: James F. Hopkins  Read Replies (2) of 94695
 
Mike; The news you got is old, Book to Bill on semis just bottomed,
Taiwanese on a buying spree , new PCOAC (PC ON A CHIP )
has cut cost of low end machines again.
I don't know how this will fair for INTC, but some
of the others that are more beat down will likely rally.
If profit taking hits the internet stocks, it will likely be the
tech Funds, and they will use some of that to go into the beat
up SOXX.
Jim
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