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To: TREND1 who wrote (25302)	12/15/1997 12:08:00 PM
From: DavidG	Respond to of 53903

Larry, I agree the 22 level is a critical support but as you have accurately pointed out the SOXX and the conference call will decide its support. There is a lot of emotion and panick in the market right now b/c of Korea. They are in so much trouble that they are dumping at any price. As a result the market is throwing out the baby with the bathwater. The SOXX is certainly showing this. The analysts are now showing the panicking of the masses by downgrading eveything to save face. IMO it is getting close to a bottom with a lot of trading opportunities and additions to core holdings. Good Luck Trading DavidG