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To: J R KARY who wrote (25515)7/15/1999 1:23:00 PM
From: Richard Habib  Respond to of 213186
 
Jim, I agree that Fred's comments were muted due to MW. It was a bit painful listening to him project a bullish 2H without confirming new products and projected shipping dates of unconfirmed products.

Still, I'm having trouble with bullish numbers for next qtr and a lot can happen in 2 qtrs. In any case with mostly 99 options - near 300% gain and the fact that I keep pretty tight parabolic trailing stops, I had to sell.

It may very well rebound but my take on the market is that the tech rally is beginning to lose momentum so I think it very possible you will be able to buy back mid-qtr significantly lower than here. MW announcements are always a wild card of course. Rich