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Technology Stocks : ZENITH ELECTRONICS

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To: Kevin Walsh who wrote (275)	5/8/1996 7:42:00 AM
From: Chris Alexander	of 578

Kevin Walsh, keep in touch. I am still long 200 in AMTX which I bought in the teens! AMTX was down significantly. The market overall was a stinker. IMPX which I am not in tanked Tuesday. That might be a buy opportunity or more foolishness; I don't know and am not in this one. My friend sold ZE and made a two day profit of $1000.00 and was feeling pretty boastful until he realized that buying IDID at 1 1/2 was complete foolishness. He told me he lost around $800 on that. These story stocks. It is stupid to get in because the price was up the day or week before. AXC corrected Tuesday. That looks like a great buy opportunity. It was just a crappy day. I am having some marital strife today because of the rollercoaster she went on; up over $3600.00 and then nothing! Thank you so much for sharing your story. My next call, I think PSINet is a sleeper and a real opportunity. Read the Newsweek article this week about internet phones. Internet providers are going to replace (an exaggeration) the baby Bells. PSINet has get a lot of potential. I got out for my ZE play and now ready to return. It will just sit there for months and then one day, boom. Same as AMTX. Chris

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