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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 (1217)11/2/1998 9:50:00 PM
From: Charlie Finley  Read Replies (4) of 1819
 
Johnathan,
I have the Dallas game on but have so much work that I am only able to hear it, not watch. We are just out straight, and need to get so much done before we leave I don't think there are enough hours in the week left!! I think you are right about the tech sector and the big guys making things hot for the small investor and then getting back in after the $$$'s are lost by the unsuspecting. Good opportunity to follow in the big guys footsteps at this time, but watch for the trap. They will run this up so they can sell off and make their portfolios look like gold to attract the investors next year. I just do not trust the thing yet.
Oil is doing it's thing now and if we have any out break of cold weather it could really go up. The move on PAIR is so good it's got me thinking about GEMS even more. They are in the 5-6 range and a bargain if the sector contiues to move up. SEG has stalled, but they are high enough that I am happy with my position at this time. Watch for UNPH to break down to 48 or 49 and they are a buy again, this is one that will move 8 to 10% in less than a day, and it is consistant.
I'll be in touch with you before I leave for York/Balt.
Charlie
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