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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (10328)	12/15/1997 3:44:00 PM
From: Andrew Vance	Respond to of 17305

AV--I am out of touch right now and realize I have at least 12 unanswered messages. I did not mean to decline to speak on APM and will apologize to you and the other unanswered messages. My father-in-law had a heart attack last Wednesday and I needed to make arrangements for the family to get out to see him. Well, he had a double by pass on Saturday and is now out of ICU. All went well and he is doing extremely well. They just moved him out of ICU and he is no longer on a respirator. They think he will be released on Wednesday and allowed to go home. I am sure there may be some nastygrams waiting in the mailbox since my mind wasn't exactly in a the right "Frame". However, as today has dictated, I really do love falling knives because they occasionally hit a rubber mat an bounce up. On of my favorites was played at 18.375 (ASYT) and my all time favorite, UTEK was absolutely FANTASTIC. Some money was made on AMAT options along with some other assorted stocks. Buying down and risking (Keyword risking) margin allows for true fundamentals (not TA) to override my fear of a collapse in the tech sector. PEs are remarkably low and I also strongly believe the volumes being traded in these stocks are a clear indication of an organized and legal form of market manipulation. I think the weaker hands (Joe and Jane individual investor) are being shaken out from the investment tree in the techs and the big boys are taking larger positions as they gobble up the weaker shares. It will be interesting to try to find out how much the institutional investment % has grown in some of these stocks. BTW- I just caught a glimpse of John's comment on Steelcase. I haven't tried to read it yey but will do so prior to logging off. Bad form to be caught doing this and not paying attention to the immediate medical stuff. So, for now, Thank You John for whatever information you were kind enough to provide. I will read it and log off for now. Andrew