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To: Duane L. Olson who wrote (12519)5/19/1998 1:36:00 AM
From: shane forbes  Read Replies (1) | Respond to of 25814
 
TSO: RE: So what do you figure? -- do we have about 2 months of dragging along until the June results start rolling? Time to spend more time on the links (for those of us so inclined)? Dump it all and hide out?

I have chosen option 2 - beach and cycling version. Can't sell right now - it would be dumb longer term though shorter term it might turn out to be brilliant!

I'm still expecting the big kahuna to hit sometime soon - not sure what my portfolio will be worth if it happens. I have actually not been following the market too closely these days. Just check at the end of the day and no surprise I'm in the red and by at least 1%. BUT when I check the volume - zippo - some stocks that trade on average 50-100,000 shares have been going down on 10k shares a day! It really just blows me away.

What do *you* think all this means? I actually suspect July earnings will really suck for most companies. Unlike mid Q1 (Feb) I do not see any hope for large bounces too soon. Even though I think stocks like yours truly are due. Beginning to lose faith in the market recognizing that all semis are not PC related - but not surprised I guess.

Really want to fast forward to Jan 1, 2000. Think I'll be happy then...

Too late for me to hide out - even before the recent decline my stocks were outrageosly "undervalued" for me to consider selling. Little did I realize just how "overvalued" they really were.

O well. Cycling is fun and my heart gets stronger and the nerves more conditioned and the psyche stronger - bring 'em on.