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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: David Lawrence who wrote (9101)	11/12/1997 8:26:00 PM
From: Wigglesworth	Read Replies (1) \| Respond to of 22053

<<Man, did I get whacked today.>> Only today? I've been battered for weeks. To the point that I wish I had known nothing about the stock market :-) I thought early this year (Feb-Mar) was bad, but these past months were murder. Awhile ago, a drive-by shooter came to this thread and identified everyone as idiot. I should have listened to him. :-) COMS is hazardous to one's health.

To: David Lawrence who wrote (9101)	11/12/1997 9:47:00 PM
From: Gary105	Read Replies (1) \| Respond to of 22053

Any thoughts on an entry strategy into coms? Wait? Average in? Avoid? Regards, Gary

To: David Lawrence who wrote (9101)	11/12/1997 10:30:00 PM
From: Christopher White	Respond to of 22053

David, I can echo that sentiment - for me today was OK though. Last week I dumped every last tech that I had with broken technicals, my recent heavy losses reinforced the lesson (the tuition at the school of hard knocks was pretty high this time around) that when the a stock's technicals deteriorate, it is time for me to vamoose ...all that was left after my selling binge was IOM. I then shorted CPQ - I figured that with most all the peripheral manufacturers feeling the heat from this $1000 PC, the boxmakers margins couldn't be too far behind. I think that for now at least, the easy money is going to be made on the short side of the market - even the oil drillers got whacked today. Christopher