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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: John Kratus who wrote (11959)	10/25/1997 10:33:00 AM
From: Arthur Radley	Read Replies (1) \| Respond to of 18263

Hate to see anyone cover at these prices as we are just seeing this bloated whale roll-over and sink from view. Can't fault anyone from taking profits but I think you are leaving good money on the table. What sane person would buy at these levels and drive the price back to 20.00? I agree on AOL as they are getting back to the desperate mode of sending me a free sign-up disc at least every week now. This promotion piece must be costing them a bundle. I don't see any selling until the end of the year as these institutions certainly don't want to have this pupppy in their end of year reports.

To: John Kratus who wrote (11959)	10/25/1997 10:52:00 AM
From: Arthur Radley	Respond to of 18263

John, In your post you mention a rally in tech stocks next week. If you follow Abby Cohen and she is the most respected analyst on Wall Street today,in a letter to her clients today she says consequences of slower Asian growth will likely have only a mild impact in the US. However, if exports to Mexico and Canada show weakness, this could have a more significant impact on US stocks. Tech stocks are one area that Cohen is a little concerned. She cites that much of the manufacturingof PC and semiconductor parts isdone in places like Taiwan, and this country has major political and economic problems. Also cited is the ISI Group'sreport that worldwide semiconductor sales have hit a plateau due to sluggish sales and declining margins because of Asian currency devaluations. When Cohen speaks she can move the market and I would not expect to see any upside movement in tech stocks in the near future and certainly not full grown puppies like ZITL.