To: VICTORIA GATE, MD who wrote (43196 ) 12/29/1997 3:28:00 PM From: Tunica Albuginea Read Replies (1) | Respond to of 186894
VICTORIA GATE,MD,I loaded up the boat today: INTCW@49.5,NEWBRIDGE NETWORKS @33.4andVIVUS@10 !!!. I am not waiting till the last minute !!! Reasons: I think there will be a Jan 1sst rally. Asia problems seem to be resolving ( at least near term, gg, next 30 days, gg, MY time horizon) Japan has -248 bill funds ( taxpayers got the shaft as ususal ). -Giant foreign cash reaserves. Their econo0my won't go anywhere but it will not default. S.Korea is also being bailed out by the international/US taxpayer. Nobody will let Korea default Too much is at stake. Technology will win win again. I love INTC's Merced/Sun Micro workstation coming up.INTC down 30% is a nice discount. Newbridge is the only networker working on a, get this, 700 Gigabyte ATM switch with Siemens. The competition's closest is about 10 GB for now. ( somebody correct me if I am wrong ). The Telcos HAVE to start upgrading for the Internet soon or they will be left behind. Vivus tax selling will be over in 2 more trading days.THE SHORTS will start covering Jan 1 st to put their Tax gains out another 12 months into 1998. Happy New Year. TA ====================================================== PS : this is in reply to your post, " RE<I have been forced to re evaluate my INTC investment in view of Asian meltdown.Sold all my poition this am; I sold 90%of all my stock positions at noon today > Human nature seem always do the wrong way while the right way out there. Time will tell" < GG> It's been only a weeK since my complete getting out of market and now I am back in 100%!!! well a syou know, in medicine sometimes ( read, often ) , things move fast and you have to make fast decisions. TA