J Doe #13 Off-topic Non-Specific Tech Stock Ponderings Message Board

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Pastimes : J Doe #13 Off-topic Non-Specific Tech Stock Ponderings

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To: Johnathan C. Doe who wrote (1204)	10/29/1998 8:58:00 AM
From: Charlie Finley	Read Replies (4) of 1819

Johnathan, The move looks to be down today, at least early, from what I can see. We may get a bounce later, but I think you are right, small moves and dull trading day. UNPH is going to open about $2 lower than it closed from looks of things, and may be a play if it goes into the $40's. FILE is also flat, and may go down today. I still did not sell SHVA, but it should happen today. EBAY did some real dancing this week, but if you look at it the PE is 1930+ and I can not see it staying in the 70's for long, Amazon is also way over valued, see both of these as bring the sector down. The kind of pressure these companies can bring to bear can move the market and cause some selling action. I have not even loaded the last update of TeleChart 2000 from Worden yet, and it's been on my shelf for the whole month. I do feel we will be hit with a big selloff before we can proceed upwards. I'll be in touch with you soon to finalize next week. Charllie

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