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To: 16yearcycle who wrote (73539)	8/12/1999 11:21:00 PM
From: HG	Read Replies (2) \| Respond to of 164684

<<<MSFT could easily go to 65 in this market, where it would be a screaming buy>>> Sheesh - now you are scaring me !!!!

To: 16yearcycle who wrote (73539)	8/12/1999 11:23:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

Well I went through a correction last year in software and discovered some things but it took too long and I'm trying to improve this year. Last year during the October correction the nets with AOL as a bellwether held steady or went up slightly. Software fell dramatically and msft held pretty well. This year the comm equips are looking like AOL last year. So I am moving into them even though they seem high, because last year the nets seemed high... way to high in Oct and we all know what happened. I know people are predicting Sept/Oct weakness but its hard to say, overt expectations like this don't pan out all the time so I am looking at the mini correction we just had, which was 10% after all, and try to extrapolate from that. It doesn't look great for the nets but msft surprises me to the downside.