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To: RLM who wrote (1087)10/27/1997 4:21:00 PM
From: SHGLaw  Read Replies (2) | Respond to of 9343
 
The day had to come, and the big question now if today was the day or if the day is going to continue. Now, take a look at the relative highs and lasts on these media/engines. Some, like excite, are beginning to look very attractive again. Seek is back where is was before its run. There was a lot of bleeding, especially for those who thought the gravy train couldn't end, but if you look at this as a supermarket where everything has just gone on sale, you'll be thankful for the opportunity.

Get rid of those stocks that underperformed. Put your money into the ones with the big potential, and particularly those that fell because of the market conditions rather than some intrinsic flaw in the stock, and days like today could be the best thing that could happen for your wallet. Good luck all.

SHG



To: RLM who wrote (1087)10/27/1997 6:41:00 PM
From: TLindt  Read Replies (3) | Respond to of 9343
 
Which Stocks do you like.......I sold 86% of my CKFR today....it was holding all morning and I just figured that that wouldn't last....that I was right on.

At 27 it was 5+ over 12 month target....I'm net at -15ish

I'm watching XCIT in still long there at a net cost of -31.29 per share....so I aint selling.....at 22 it's 12-18 month target is 28-33...I'm watching it closely...I'm a buyer below 20..when I see bottoming pattern in Index.

Now on INTU I'm in at 21.65....the target is 45-50....I'm not adding I'm gonna ride it out....but for a new position there's 50-60% there for the taking.

We've only come down 15% or so since high.....we'll see 25% IMO before it's over an that aint no big deal.......I'll just load up.

In fact I have been puttin over priced Michigan Real Estate that I bought in the 80's up for sale and selling it at a premium.....gonna close after 1/1/98 so instead of being pissed off ...that all the 'good' stocks we're getting away from me I'm actually quite happy about this correction......flush the chickens....in 2 months I'm hammer these going out of market bargins.

To answer your question.....I'm watching the Semis' they led this.....down turn IMO they'll be pivit point for turn around....when it comes. (Processors,Graphics)