FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (2143)	8/5/1998 5:19:00 AM
From: Kent Sarikaya	Read Replies (1) of 2754

I just got done watching a replay of the Cavuto Report at 5am. He had Ralph Accampura on, one of the few analysts I regard highly and a regular on Wall Street Week. He came out and said he was a bear, mainly in that the small and mid caps have been in a bear market and the Dow was not in-line in what has been going on. He sees a possible 20% drop off of 1998 highs putting the Dow down to the 7400 mark. He sees a move into small and mid caps and thought that would be refreshing. He sees the bear market going to September and October. He thinks Asia will keep impacting earning for at least 6 months and know one knows for sure but maybe even a year. For us in the languished and forgotten stocks this is finally some good news in my book.

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