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To: Charles D. Kinton who wrote (6579)	6/16/1998 10:03:00 PM
From: John Melillo	Respond to of 10786

Tech's analysis seems to have overlooked the overall strength of the market. These technical indicators are great but won't mean a thing if the market continues to sell off. Asia crisis, disappointing earnings, etc, you guys know the deal. As Jeff M. pointed out, the leaders in Y2k are barely holding ground. Doubt you'll see much of a turnaround until confidence resumes in the overall tech sector and Nasdaq. Stock can't go up much if there ain't no money in the market. John M.