USRX Message Board - Msg: 803725

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Technology Stocks : USRX

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To: Michael Burry who wrote (11098)	2/11/1997 2:49:00 PM
From: Jeffery E. Forrest	of 18024

Michael, we need to see todays close to make a realistic assessment of any technical damage. Yesterday was obviously not good, but not a "terminal" case. Just brought us back to where we were a few days ago. ALSO, I still believe the "fundamental" story will overcome the TA story. Another reason I feel this way is that USRXs chart WAS looking great until it got painted with a VERY wide 3com brush. LONG TERM I am a buyer of SHARES. I haven't bought SHARES for a while. Short term I am taking a beating. I have some FEB 80's that look ridiculous right now. My 70's and 75's don't look healthy either, but believe it or not I am holding out hope for all 3 positions. If I can simply break even with my option plays and still have a bunch of SHARES picked up at a bargain below 60, I'll be fine. Even if my options expire worthless, I'll still do great buying shares this cheap.

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