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Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?


To: BigBull who wrote (115)3/11/1998 10:25:00 PM
From: Larry Brew  Respond to of 615
 
Kevin, << block trades >>

The trend lately has been down. Bull market. When GIC goes up it
seems to be at old lows. Down with the market, but not a rally with
it. I do track stocks by sector. Most stocks in my fiber solution
sector did not perform today. I'm hoping this is GIC problem. There has been a lot of sector rotation lately, probably short term traders. Not a bad way to pick up extra $$$. Among these sectors is usually one or two in each that hold strong. Gic doesn't appear to be one of them. For now I'm going to play it close. Probably I'll hold as I just can't see them being out of it. I lost athm by playing the dip and peak game, so won't do it with GIC. Merrill Lynch will be meeting with IATV and others on the 7th. Check out the thread comments there made today. IATV relies on GIC success. Later Larry