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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (5416)	9/22/2000 11:40:01 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Tim, I think that you are right, the risks are still high. I decided to take the little profits on the bounce from the two positions acquired this morning, out of QLGC at $90.5 and out of EMLX at $101.5 ($5 and $4 respectively, compensating for some losses I am going to take on SNDK and CYMI <g>). Zeev Got out of SNDK at $$74 and SSTI at $27.5. I think I can get back into both of these at a good 10% discount.

To: Logain Ablar who wrote (5416)	9/22/2000 4:03:43 PM
From: Bosco	Respond to of 30051

Hi Tim, thanks for the caution. Good point. I pulled a all night stint at work last night --- and I am back now for some more abuse --- so I ve only had a brief moment this morning to look at the market. May as well, while I am still holding to all my positions [well, not phone msg, so maybe the margin man [another kind of MM?] must be busy doing others!] I am going to take a long nap tomorrow and start afresh to ploy for my post-intc era strategy. Quick reflex is good, but panic is not! But I agree with you chip is likely to go south for a while. Maybe people like to go back to profitless B2B, since they could certainly hit their target :) best, Bosco