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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (25931)	5/9/1998 9:24:00 AM
From: Roads End	Read Replies (3) \| Respond to of 97611

Barron's Online -- May 11, 1998 Market Watch A Sampling of Advisory Opinion By KATHRYN M. WELLING Positive Patterns P.O. Box 14161, Springfield, Mo. 65814 MAY 1 ~ There is no doubt that the ''engine'' of this tremendous bull market we have had is high tech. The moves in these stocks the last 10 years have been astounding . . . marvelous. We missed all of it . . . because we are pretty dumb. We are just now starting to understand high tech, and our remedial IQ has prevented us from participating. That said, look what is happening now. With the exception of a few high-tech stocks, the techs (lately) have been badly underperforming the markets. Look at Intel, Motorola, Sun Microsystems, Compaq, Oracle. These stocks have all been very weak. While the markets have been blasting out to new highs, these stocks have met growing selling pressure every day. We think money managers ignore this at their peril. We predict when the correction comes, these stocks will lead the parade down. -ROBERT B. HOWARD AND ELIZABETH A. WHITE