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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?


To: Investor A who wrote (21986)12/10/1997 8:19:00 PM
From: kash johal  Read Replies (1) | Respond to of 33344
 
Fuchi,

Appreciate your thoughts on short term strategy as we seem to be in earnings warning season.

I got killed on NSM yesterday and Quantum ( another major holding of mine) just preannounced. It will probably drop 30% tomorrow.

I think NSM may bounce up a little tomorrow if market bounces.

I am getting concerned about a major blue chip warning ala Intel/Cisco/Compaq etc warning. If they warn the whole market will dump big time. The Oracle fiasco will look like a tea party.

What is the best strategy to hedge right now or is it too late and I should just sit it out till January.

Best rgards,

Kash.