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Technology Stocks : Stock Swap
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To: Andrew Vance who wrote (15317)8/21/1998 5:55:00 AM
From: Justa Werkenstiff  Read Replies (1) of 17305
 
Andrew: Re "I am and was the first to state that the recovery will not be visible until early to mid 1999. As a matter of fact, I would like to formally withdraw the late first quarter to second quarter recovery prospect and put the stake in the ground solidly in the latter part of second quarter."

When you are talking about "recovery," do you mean that orders will start to pick up at the end of the second quarter and, if so, do you see the market discounting the recovery six to nine months in advance of the end of the second quarter or do you see the discounting beginning at the end of the second quarter?
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