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To: Clint E. who wrote (16153)	5/22/1998 9:15:00 PM
From: j g cordes	Read Replies (1) \| Respond to of 68529

Clint, have to go to Phoenix soon myself, Scottsdale_ some place called the Phonecian? Glad you got some time to think about other things. There's selling on good news and bad news in techs.. take a look at SMOD, PLAB, etc. Just time to lighten up. The uncertainty statements or lack of conviction in conference calls is scaring money away. In fact they're selling on the news because that's when the price is most vulnerable in the confusion. You can see the retracements have been sizeable and fast, very professional if you know what I mean... take a look at CYMI. Down to 16 3/4 from a 29 spike only a month ago... and its got stable business to great news coming in a year. Look at ADI.. So I think we're trending down with patches of tradable bounces for a month or so until the warnings season is done and worries about a Fed increase fail as Asia works its way through. I'm looking at late June into July for agressive buying. Until then pot shots and new idea companies... momentum wherever. Regarding your suggestion of a new site that's up to you, I'll certainly contribute, but this feels like home and it already has a large number of visitors. Lets just build activity here a little more for the time being. Have to go out to a second party... I'll check in over the weekend after looking at where things might go. Jim

To: Clint E. who wrote (16153)	5/22/1998 9:32:00 PM
From: jluker	Read Replies (2) \| Respond to of 68529

Clint, with respect to INTC, DELL, etc.. Pc's seem to be coming to the point where you send in some boxtops from your cereal and get one free. 32meg SDRAM is @$36, INTEL PII 300 are down to @$250 which is half of what they were two months ago, 2 gig hard drives for $125, AMD K6 233 <$90. For the first time that I can remember you can get an advanced machine for almost nothing. Kurlack is saying there will be price wars and a glut of chips... I'll be curious how much more prices will drop over the next few months. In the past this has been great news for box makers as they could sell more machines at a lower price. what is the margin on a sub 1k vs 3k machine (which used to be 5k)? Now an IPO for fast internet access, that would go somewhere :)

To: Clint E. who wrote (16153)	5/22/1998 10:14:00 PM
From: Suresh	Read Replies (1) \| Respond to of 68529

Hi Clint, couple of things.. ADI killed themselves by saying that next few quarters will be bad. So, market took it for a clean shave. I guess it will be in the dog house for a while. PSFT.... it maybe due to the often discussed change in revenue recognition method. (Somebody .. correct me if I am wrong). I guess to a certain extent due to guilt by association (RedPepper.. or other recent deals they made for SCM business) of MANU. I think MM's pulled out one huge trick out of their bag on wed. In the preopen some big blocks were sold below bid.. but small trades (2k and less) were pushing it up. I was so happy to see that action :). This DELL reversal might have helped NAZ initial strength. Also, anticipation of Michael Dell's appearance on CNBC might have helped too. It may not be a bad idea to keep the activity in this thread itself since the followers of this thread are quite used to what is happening here. Later, Suresh