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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Vance who wrote (15197)	8/7/1998 2:32:00 PM
From: Dale Knipschield	Read Replies (1) \| Respond to of 17305

Andrew, Thanks for your input..... Right now I have 5K ASYT, 300 sh of CYMI, and 350 sh IDTI (ugh). Will begin to acquire DPMI and more CYMI. Must also mention that I have a large position in PSEM which I firmly believe is going to pay off in a big way. (Minor rave!) I think you're right in that this is just a "mini-rally", but I believe it has far greater consequences beyond being just a brief uptick in tech prices. I believe its psychological value is much more important than its monetary impact. To the tech investors, who have been literally ground into mincemeat for the past 7-8 months, it at least says "Hey,there is STILL interest in tech stocks, they have a future, AND they can move faster than anything else in the market". Its a great breath of fresh air and I'm predicting that it marks at least a PSYCHOLOGICAL turning point in the tech market that will start to bringing buyers back. (Major Rant!) Regards, Knip