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To: RFF who wrote (11031)3/20/1998 4:15:00 PM
From: RFF  Read Replies (1) | Respond to of 25814
 
The DOW and tech stocks have certainly been diverging lately. The DOW was largely affect by options and mutual fund window dressing this week, but I can't remember the last day it went down. I think we're headed for a stumble.

I just can't rationalize the DOW stocks being priced for better growth than the major tech companies...started buying DOW puts yesterday and today....look out below.....



To: RFF who wrote (11031)3/20/1998 6:35:00 PM
From: Duane L. Olson  Respond to of 25814
 
RFF, Thanks... I'm really not familiar with DS... and looking at their results, it doesn't seem like it should have gotten clobbered as bad as it did.. But it appears the funds are "down" on anything related to computers or chips since INTC and CPQ didn't come through.. Now the glass is "half empty" for everybody...or so it seems.. TSO


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