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Technology Stocks : INDONESIA'S PT TELECOM(TLK) -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (97)1/23/1998 12:24:00 AM
From: Pierre Aydin  Read Replies (1) | Respond to of 947
 
Barry,

<Do you think it's possible we'll retest those lows or was that it?>

I don't pay attention to the markets that much, only to individual stocks
but I believe it's over and we will not test the lows again. It's amazing how
these WS money managers change their minds, about a year ago they were
all bullish about SEA and now they are all saying SEA is going broke. This is
a follow the herd mentality, they say trend is your friend. Anyway, I think
all this BS about SEA will be forgotten in few months and we will move on. WS
will find something else to create panic after the markets hit all time
high again. Look what happened to techs and now the oil drilling stocks, they
are getting drilled:), the drug co's are in favor now but in no time
this will change too. All I am saying is that you have to sit tight and
buy when there is blood on the street which SEA has plenty of.

Btw, Globex S & P futures are up and most SEA markets are up so could be good
day for TLK and others you mentioned.

Pierre