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To: shane forbes who wrote (7481)10/28/1997 1:20:00 AM
From: sea_biscuit  Read Replies (2) | Respond to of 25814
 
Right now, the patient has been put on a heavy dose of Imodium-AD. Tonight is expected to be a restless night for the patient and when he wakes up tomorrow morning, it is hoped that he will at least make it to the toilet bowl... :-)

Dipy.



To: shane forbes who wrote (7481)10/28/1997 1:21:00 AM
From: D Edwards  Read Replies (1) | Respond to of 25814
 
From Briefing.com:

But when the smoke clears which stocks will be best positioned for a recovery... The general rule of thumb in momentum driven markets is to buy those stocks which held up the best during the decline... That would include stocks such as Microsoft, Dell, Cisco, Lucent, PeopleSoft, Qualcom, etc. Unfortunately, in the case of MSFT and DELL valuations are still historically high... Consequently, Briefing would
hesitate to jump into these issues quite yet... The best bargains will be found elsewhere, however... For those willing to ride out some additional near-term volatility, Briefing maintains that Applied Materials, Novellus, Intel, LSI Logic, National Semiconductor, Ascend Communications, Cabletron Systems, Symantec, Andrew, Quantum, Western Digital, Read-Rite, Kulicke & Soffa offer intriguing capital appreciation potential as the potential bad news has already been priced into these stocks.



To: shane forbes who wrote (7481)10/28/1997 1:29:00 AM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
RE: That would pretty much mean 20% down from the high of about 8,250 for the DOW.

The venerable John Neff said in this year's Barrons' Roundtable that if this market goes down 20%, it will go all the way to down 35% or so. Because, according to him, down 20% is when the "little guys" start selling...

Dipy.