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To: Prasanna L Soni who wrote (14436)6/16/1998 4:00:00 AM
From: Andrew Vance  Respond to of 17305
 
*AV*--The list I published remains the same but some of the order has changed due to discrepancies in price performance since first listed.
I want to be clear on a few things.

1. I am not saying the tech sector is the best place to be invested right now. But if you choose this sector as your investment focus, the list represents a very conservative group of the major players in this market segment.

2. The sector is very volatile as we can easily see. Could they go down lower?? Maybe. Are they priced right to get a great short term pop?? I won't speculate that. I feel a long term investment at these prices will yield dramatic profits when the industry recovers. Posotioning now allows the 18 month window for lower capital gains to become a factor for some.

3. Each stock on the list is not a get rich quick scheme but rather a safe investment in this sector, given the companies that are part of this sector. Each represents an opportunity for a 50%-125% return over the course of the next 2-3 years or sooner.

I hope the tech sector does not succumb further but there are no guarantees. The Taiwanese are being dragged into the Asian Crisis which is worrisome to me. We haven't heard much about what is happening in Europe and on the US East Coast relative to new facilities and expansions. Unquestionably, the tech have taken a beating.

Andrew