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Technology Stocks : Apple Inc.

AAPL 273.04

-0.2%

3:59 PM EST

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To: Phillip C. Lee who wrote (17350)	8/27/1998 9:22:00 PM
From: Richard Habib	Read Replies (1) of 213173

Phil, Phil, Phil. I wonder how many people followed your rose colored advice bought in the 40's and sold out today. Phil, I'm 75% cash. My puts on Kulick & Soffa made me 300% and your my contrarian indicator. When your completely bloodied, when you express outrage that you've been betrayed by the market - that's when I'll commit the rest of my cash. Then I'll know we're close to a bottom. Expect another bloody day tomorrow. None of the tech bellweathers have been truely hurt and that's what it will take to reach true capitulation. Rich

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