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Non-Tech : ZOLT -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (332)	10/25/1997 12:48:00 PM
From: Olu Emuleomo	Respond to of 970

Craig, Actually, i like ZOLT b/w $41 and $45. I previously rode it up from $40 to $65. Had to jump off at $53, the 50 day EMA. I strongly believe market makers are gonna drop this one to close to $41 (200 day EMA) intraday. That's where the smart bids are, IMHO. --Olu E.

To: craig crawford who wrote (332)	10/25/1997 3:19:00 PM
From: Maverick	Respond to of 970

Those you mention are in slightly different businesses and situations.... Of those, I only follow Intel. Their drop is due to looming problems - they stopped production of their cheap (Pentium I) chips and now that's where the market is. Major problem. Rumor has it the Pentium I will even be put back into production. But AMD and CYRX wiped out their margins in the "slow" chips, which is why INTC left in the first place. Bigger problem. I suspect each of the others you mention, if they have lost 25%, has their own individual dilemma. Lumping machinery, soda, semiconductors, and software together with Zoltek to imply they're all just overbought is massize oversimplification. To fire a missile thru this example, why hasn't IOM followed these five? Or GE? Or QWST? Or AOL? Etc. IMHO that no one here knows anything about what's causing the selloff, and with that I'll drop it.