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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?


To: Ariella who wrote (2159)8/6/1998 5:07:00 PM
From: Maurice S. Green  Read Replies (1) | Respond to of 3247
 
Ariella---I do believe you are correct about the recent sellers.
I own and follow a bunch of hi-tech and semi-equip stocks and
they all have been beaten badly to the tune of 50-70%. To make it
worse I am heavily margined, so have had to do some dancing. This
is not fun as I am not as agile at 76 as I once was. I also have
to draw on this portfolio monthly to augment Soc. Sec.. If it
doesn't reverse itself I may have to cut out beer, wine or golf.

Didn't mean to cry on your shoulder. This is my problem and I
brought it on myself. B U T----I am very confident of the outcome
if I am able to hold out till this time next year.

By the way, I'm back from the AZ Heart Inst.--the doc and I decided
to give the medicine (drano) another two weeks before going for the
plumbing job (roto-rooter). Thank you for your kind thoughts.



To: Ariella who wrote (2159)8/6/1998 6:04:00 PM
From: dfloydr  Respond to of 3247
 
<<I'm reading the softness in the stock this week as forced selling by
people who would rather hang on but whose portfolios, if concentrated in small cap stocks,
have taken a beating recently.>>

I hope you are right. There have been times when it has seemed that some big investor is just determined to bail out selling whatever the market will take. With this news any sophisticated investor with any staying power should hardly be selling - if they have even heard about this development.

I think you are right about the probable changes ahead for TFS and I think they should be very positive. I have been sent a couple of private messages - in response to my "If I were God..." posting a few hundred messages ago - that are quite positive about Vince Hren and together with new products and technologies, this catepillar may yet turn into a butterfly. As N.O. has often said, ... lets hope that the tide of the market has not so turned against us that the good news means little. Today disappointed me, but then you and I and about three other people have even seen TFS's announcement.