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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: William Nelson who wrote (5669)	6/3/1998 9:39:00 PM
From: shane forbes	Read Replies (3) \| Respond to of 10921

(look deeper) RE: There's been some correction but no panic selling. You must be talking about the big caps. Look deeper and you will see that there has been some bigtime selling in smalltime doses for hundreds upon hundreds of lesser names. The indices have shown not much of an official correction but there definitely has been one. I can't decide whether or not we will get those one day collapses that typify changes in n/t sentiment. But as I look over what happened today it seems that everyone got excited in the last hour with INTC and Chaplinsky. Now it seems that INTC has pacified the earnings warning crowd (at least for now). Therefore I see no reason why the techs won't surge tomorrow. If you go down on low volume as we have with many and I mean many stocks you can easily go up a lot in a very short time when people sense that there is no s/t negative news left - there are not many sellers in the sell-offs. i/t and l/t are different stories. shane.