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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?

To: Paul Corbett who wrote (10560)	5/18/1998 5:50:00 PM
From: David R	Read Replies (2) \| Respond to of 10836

If not, we will get a chance for a real deal on the Jul and Oct 1.5 calls. I almost welcome a last foray into the 7's.

To: Paul Corbett who wrote (10560)	5/19/1998 1:24:00 AM
From: Ghassan I. Ghandour	Respond to of 10836

Of course there is strong support here as witnessed by the small rebound toward the end of the trading day. The outcome of today's meeting of the FOMC committee as for the decision about interest rates will give a spin to the whole market. But the worst is already factored in as far as tech, small caps, is concerned IMO. In the meantime NOVL is still charging ahead (earnings are due tomorrow after the close). The recent action of most small caps, in technology, have been market related (with few exception like NOVL) and, after today, the action will be more indicative of the stock itself... Go BORL... Ghassan.