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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?

To: Joe Dancy who wrote (1701)	1/10/1998 9:23:00 AM
From: ccryder	Read Replies (1) \| Respond to of 2754

I've been wondering about the name of this thread.

To: Joe Dancy who wrote (1701)	1/10/1998 1:18:00 PM
From: Kent Sarikaya	Respond to of 2754

Joe, loved the show. Put me back into a good mood. You know me always the optimist, but being a cheerleader for techs was like being a cheerleader for the Dallas Cowboys this year. You know they can do so much better, fundamentally they are strong in almost every area, but things just couldn't get on track. So I got tired of cheering and have been watching the game in amazement and trying to learn from it. You and I know eventually all the stocks we are following are going to soar, but we've taken a beating and if we had traded we would have been in a position to buy so manyy more shares at such a lower price, we could really have done well when these things start moving. Now a big move up is only going to get me back to sqaure one. I just hope the earnings season is positive and we start seeing some big volume up days, both for the market, tech sector and individual stocks. It's funny how something is so obvious, but now I can see it so easily... if you look at any (company stock) chart for sometime you see that a day where volume is lets say 4 to 5 times higher (at minimum) than the average is needed to indicate a change in direction and maybe some confirmation again in a few days to weeks. Until you see that, many stocks just seem to drift back into going the previous direction. I'm setting my excitment sensors to monitor level for now until they sense such indicators, then I'll be ready and pumped. The message boards here really do help one cope with the frustration the market can generate. It's really a help knowing your not the only one in a stock that's been sitting in idle or drifting aimlessly, or your thoughts and expectations for a company are'nt unique. Thanks.

To: Joe Dancy who wrote (1701)	1/11/1998 4:07:00 PM
From: Donald Wennerstrom	Respond to of 2754

Today, I thought Tom Petruno in the business section of the LA Times had a great article. You can read it at: latimes.com I think it has a lot to do with all the turmoil in the stock prices lately. A good case can be made that deflation may already be here, or certainly that the economy is headed in that direction. The article points out that the Fed needs to make a sharp rate reduction (1 percent of more) in the very near future to prevent this possibility. One of the key quotes in the article is "... the Dow Jones industrial average slumped 4.8 percent... amid more signs that East Asia's economy is sinking - was that deflation isn't welcome if it forces companies en masse to slash product prices and destroy their profit margins in a bid to compete with desperate foreign rivals." Nobody seems to know to what extent profit margins are going to decrease in companies that do business in Asia and how it will reflect on their bottom line. Until they do, it probably will lead to a very unsettled and depressed semiconductor market for most companies.