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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Robert Griffin Gregory who wrote (4157)8/25/1998 9:54:00 PM
From: Bill C.  Read Replies (1) of 6565
 
I think there's a lot of fear out there. You've got people in
Barron's, on CNBC etc. talking about the market losing 75%,
80% of its value. They were saying this 6 mos., a year ago
but now a lot of people are starting to believe not so much
that it could happen but that other people will believe it so
I better get out before they do. Many good tech stocks have
already lost as much as 80% of their value but it doesn't
matter because people fear that if the overall market tanks
real bad, even these stocks could fall 20 to 40% from where
they are now. My whole portfolio is in tech except for one
oil driller and two emerging market closed-end funds. I can really
pick 'em. I have a small position in VLSI so am not tempted to sell,
a large position in LSI and may have to sell a little.

Good luck to everyone,

Bill C.
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