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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (20614)6/17/1998 8:08:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
RRman; you know..being INTC was cut , that could have had something
to do with the SOXX drop, maybe they vacated most of the Semis
before they did INTC knowing she is the bell weather of that
sector.
Intc was up early on and didn't drop till late, and even then it
bounced off it's low. This sector is bad beat up, and intc will
likely lead her back up, if and when she recovers, but I don't
think we are far from the Japanese taking over the semi business
much the way they did the TV business. Sony and NEC are not to be
taken lightly, they will go for the market share , profits be
dammed.
Jim