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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?


To: Kent Sarikaya who wrote (2072)7/8/1998 10:53:00 AM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 2754
 
Kent,

With all the negative articles, etc that have been coming out lately, we are probably getting close to the bottom, if not already there. When everybody is pessimistic and predicts that the world is coming to an end, it usually turns around and goes the other way.

The situation in Japan, while not over, seems to show a little ray of sunshine. If they can get their house in order, that may set the stage for other issues to fall into place.

All the earnings announcements over the next 4 to 8 weeks should put some concrete numbers on the table. The "bad news" will not be expectation anymore, but facts for everyone to review. Once the news is out, the next focus will be 3 to 6 months to 12 months from now. All we need is a little bit of anticipation that things will be better for the market to turn around.

I'm trying to be positive!:)