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Technology Stocks : Thermo Electron (TMO)
TMO 566.35-0.3%9:40 AM EST

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To: Hectorite who wrote (279)7/14/1998 9:05:00 AM
From: John Hayman  Read Replies (1) of 450
 
Forrest,

Well, the market sure has taken these thermos out and beat them. I can see on a chart where TMO could go to 27.5 without too much problem. Even PE wise that would be realistic. I am out of TMO, but still holding THI. I have my finger on the trigger though. Fri. and Mon. I almost pulled the trigger when it broke the 24 support area. Yesterday was a positive day, but we are still too close for comfort.
I assume THI fell in sympathy with TMO.
When you look at the big picture here, this is either a great buying opp. or the end of the world!! Wait and watch....John
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