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Technology Stocks : SSA (SSAX) BPCS/Client Server -- Ignore unavailable to you. Want to Upgrade?

To: mike mulhearn who wrote (339)	12/9/1997 5:39:00 PM
From: Rich Young	Read Replies (2) \| Respond to of 915

The Oracle situation certainly did not help, but it's bigger than that. Oracle got hit because of their comments on Asia, which is what everyone's been fearing. SSAX also had negative comments on Asia. When one of the biggies shows weakness there, everyone gets nervous. Last Spring it was "citing weakness in Europe" in every earnings release. This Spring it will be Asia but I think it will last more than a quarter or two, & so does everyone else. I agree that it doesn't make sense for this stock to be at $5 or less, but face the facts, it WAS last Spring and whatever psychology got us there is lining up again, only this time it's "twice bitten" & the rebound will be much slower in coming, but it probably will come (which also doesn't make sense). This stock is drifting in strong currents which for the time being are headed south. I loved the press release about the new board member. "System Software Associates (SSA), one of the fastest growing major package application software vendors..." That's a good one. I just can't stop shaking my head. Who the hell do they think they're fooling with this stuff? This is a perfect example of what I mean by reading between the lines. If you could see past this statement, you made money today. All right, enough already. I'm getting to the point of rubbing it in, which I hate. I hope no one got seriously hurt today & can use this experience to make them better traders/investors in the future. I really do. I'm all for us little guys & love to see the big guys eat one now & then. RCY