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

To: WTD ADMIREE who wrote (233)	11/11/1997 4:50:00 PM
From: Ron Kline	Read Replies (1) \| Respond to of 1494

I think in this market environment CHSE is a very difficult stock to own. One is you have Latin America and many countries in downtrends. They already do not have the money we have so any slowdown will slow computer purchases. Second you have a large part of their business selling disk drives which we all know is one of the worst sectors to be in. When I listened to the conference call I was surprised by the pickup in business they have had just in the last couple of months. I took that to mean that they are still doing well and I don't see them slowing down. Although I sold half my position weeks back I will probbly be back buying at lower prices. The question is how low will it go. PE is already very low there must be bottom soon. Oh this market can drive you crazy. Great earnings, beats estimates and at the same time we go in a stock market crash. What are those money market rates returning these days? Ron

To: WTD ADMIREE who wrote (233)	11/15/1997 9:49:00 PM
From: Scott Armstrong	Read Replies (1) \| Respond to of 1494

You all seem impatient and unaware of where this stock has been. If you'd bought 6-8 months ago, you'd still be in the money by 30%. This is a normal breather for a go-go stock during a market pull-back.

To: WTD ADMIREE who wrote (233)	12/19/1997 10:31:00 AM
From: WTD ADMIREE	Read Replies (1) \| Respond to of 1494

Rationality and Reason or Stop The Insanity...We've seen some put the low at 13-15 and on another board there are predictions of 11-12 and all the while there is agreement that it is a quality company. Perhaps we should all agree that it will bottom at 10 cents a share and then we'll be ecstatic when it starts to turn earlier. For those who need something to rationalize their long positions <well, it helps me sleep> there's the observation by Benjamin Graham (Buffet's mentor and author of The Intelligent Investor): "Pascal said that 'the heart has reasons that reason doesn't understand.' For 'heart' read Wall Street.