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To: Venkie who wrote (21285)	11/12/1997 6:57:00 PM
From: Paul Merriwether	Respond to of 176387

Venkie I don't want to rub it in but imho the bears are winning if you think a small after hour blip at 74 is a "good sign"!

To: Venkie who wrote (21285)	11/12/1997 7:17:00 PM
From: John Koligman	Read Replies (1) \| Respond to of 176387

One other thing to keep in mind. If this selloff continues much longer, it will accelerate due to margin calls. I see more and more folks worried about them on the various SI threads, and am guessing that it might be indicative of what's going on in tech overall. If you look at some of the recent action in stocks like LSI, BAY, WDC, QNTM, COMS, etc, I think margin calls are close for the people who really loaded up. Even the quality issues like INTC, CPQ, DELL, and AMAT are off around 30% or more. If it occurs, I think that might be the nasty selling climax. Let's hope it doesn't happen that way. John