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Technology Stocks : HS - CHS Electronics -- Ignore unavailable to you. Want to Upgrade?

To: ArnieC who wrote (229)	11/11/1997 3:11:00 PM
From: set	Read Replies (1) \| Respond to of 1494

Arnie - the 200 dma is roughly at $19. the last meaningful base is at $18. it's likely to go at least that low. I don't like it any better than you do.

To: ArnieC who wrote (229)	11/11/1997 4:36:00 PM
From: WTD ADMIREE	Read Replies (3) \| Respond to of 1494

Neither am I encouraged. Two more points down and I am at cost after foregoing a large profit six weeks ago. Makes no sense to me and I have never had it happen where a stock comes in with better than expected earnings and loses 30%+. Too many contradictions for the market: e.g. 1) PC demand 15%US and 30% outside US vs. Sub-$1,000 PC and 2) international trade/currency/banking problems, and 3) etc. The only thing that is preventing me from being the last overboard is that Dell, CPQ and HWP with sizable P/E's have not totally sunk and seem to be struggling for continued attention. Today's (11/11) drop just had me sitting there with the "what the hell?" look.