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Technology Stocks : Cascade Communications (CSCC)

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To: Alec Epting who wrote (2902)	3/15/1997 8:00:00 PM
From: Kiriakos Georgiou	of 3743

Alec, to know when to sell I question myself why I bought. I bought AMD as a cyclical in it's 'low' cycle. It turns out the timing was off since I started buying at $19, only to chase it down to $10. But I followed the company and I knew it was on the right track and it would turn around. I have already sold AMD for two reasons: a) price-wise it is no longer at it's low cycle b) fundamentally it is still at the 'low' cycle. How AMD will compete with Intel is a questionmark. I like the K5, I use it on my unix machine 24h/day non-stop, never head a problem, very satisfied, I expect K6 to be more of the same but much faster. How well will AMD do? I don't know. If I knew they'd do well I wouldn't sell. But I know why I bought, so I sold. Gotta know why you buy. Kiriakos

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