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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: MyStoxGoUp who wrote (49456)	3/4/1998 9:13:00 PM
From: davep	Read Replies (1) \| Respond to of 186894

Many more warnings to come in the next few weeks as they should before april earning reports.The rally in chip stocks since oct has been totally unjustified-they are over produced and just commodities.I dont understand how chips and pc makers never got slammed like the dd's.You can play these disaster days intra day but unless youve got lt horizon or tight stops i wouldn't try catching these falling knives which are already in the nose bleed area and should get an equal reckoning as did the dd's last fall.Asia's back-actually back in jan tech analysts glossed over the fact that asian impact wouldn't be seen till the april earnings reports not january's which only saw the beggining of the slow down.Go short techs and maybe start looking at oil services as oil prices usually go up for summer.