To: Rosemary who wrote (6195 ) 8/13/1998 11:04:00 AM From: Barry Grossman Read Replies (2) | Respond to
Rosemary,the last 30 days being particularly strong. Given the turn in fundamentals, his favorite issues remain Intel (INTC 86 +3/8) in the large cap sector, Xilinx Inc. (XLNX 41 11/16 +5/8) in the mid-cap and Neomagic (NMGC 17 7/16 +1 1/4) in the small-cap sector. While these stock have traded higher today, investors seem to be still holding back. Too many false starts has previously disappointed investors. Whether there is light at the end of the tunnel is debatable, but certainly, not all issues are created equal and investors should be wise in picking stocks that have earnings prowess even while operating without much contribution from Asia. Accordingly, investors should keep to the market leaders. Yet, many of these issues have already bounced from their lows and seem to be well priced given global market conditions. In a stock picker's market, the search for good quality stocks is a tough challenge.
