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Technology Stocks : SILICON STORAGE SSTI Flash Mem -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (621)	7/5/2000 8:53:38 AM
From: Rene Madsen	Respond to of 1881

The usual story with those ANALysts. They are not neutral, they have business to care for. They probably didn't get in before the train left and now just try to earn a bit on the short side. Grrr.

To: JRI who wrote (621)	7/5/2000 1:14:24 PM
From: Rob S.	Respond to of 1881

With the sector "priced to perfection" and many stocks hitting resistance levels, it should be no surprise that stocks are vulnerable to a sell off for profit taking. This is the earnings pre-announce period and there may be further discouraging news to knock some wind out of the sails of tech stocks. This should be a trading opportunity but it may be too late to short if you haven't already. Maybe a day too early to buy for a possible run up ahead of earnings in the next couple of weeks imo. This sector (along with many other tech sectors) is highly speculative. I expect a much deeper sell off by October that will take stocks down to somewhat more reasonable values or at least a seasonal and technical buying area. As always, good luck . . . and keep some powder dry.