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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?

To: Bernie Kaplan who wrote (771)	3/24/1998 7:54:00 PM
From: Dennis	Respond to of 4916

Bernie, thanks for update. I followed your advice and sat still on both fsaix and my shares in U. They rebounded today just like you said they would. Talking to a travel agent friend of mine today who owns his own agency. He said the airlines are making BIG bucks between the drop in fuel prices AND the reduction that they have imposed on travel agents on bookings which took effect a couple of months ago. This should start showing up next quarter I would assume. Keep up the great analysis. :o)

To: Bernie Kaplan who wrote (771)	3/26/1998 1:00:00 AM
From: RFH	Read Replies (1) \| Respond to of 4916

Hi, Bernie. I fortunately took your advice a few months ago regarding my FSESX holdings, and decided that since I have been holding it for so long, I might as well weather the storm. Since the January low, it appears that the technicals look extremely favorable. I see a series of higher highs, as well as higher lows. A nice trend channel has formed as a result. Thanks again for taking the time to analyze my position in FSESX. Sincerely, RFH