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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?


To: Kyle who wrote (27295)6/12/1998 12:38:00 PM
From: Steve Porter  Read Replies (1) | Respond to of 33344
 
Kyle,

Well I am waiting for a price of about 13 1/2 and then I am going to go long in a big way. I have been bottom fishing other stocks for the last couple of months and done reasonably well at it.

One example.. CDV.TO (comdev). They went from 26 to 8 in 3 trading days. I bought in at 9 and it is already recovering. I figure it will return to 15 in a couple more days. I'll cash out then and probably roll some of that into NSM long.

After listening to the CC I am thinking that going short on Intel isn't a bad idea. Halla et al said that they don't think it is over for the INDUSTRY (not just them) yet. He figures a recovery may not start till Q4 in the traditional PC market.

Steve