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To: lazarre who wrote (11210)	10/16/1999 8:19:00 AM
From: JSB	Read Replies (1) \| Respond to of 118717

I was where you are and it was very tough to go against everything I had ever learned and leave the small cap techs alone. They will return to favor again, someday, but fundamentals just don't count right now. AIRO did very well yesterday and showed incredible strength. IMO if it was going to tank, yesterday would have been the day. The bottom line is that in this market, one has to position and swing trade as opposed to investing. This is all JMO, of course, but since I stopped investing in great fundamental companies my portfolios have hit new highs. Still, I'd like to think that those same stocks will soar someday, but as long as they're not, I'm not buying them. Of all the stocks that I own, only 1 has a PE, that being LPAC. A sad commentary, but that's the way it is, for now.