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To: Alski who wrote (1901)	8/18/1998 8:04:00 PM
From: drsvelte	Read Replies (1) \| Respond to of 14427

Alski: Along your lines, it probably would be wise to stay far away from SCI right now, a short possibility I mentioned Sunday. They do contract box assembly for Hewlett and are up big today on the "good" PC news. Like Steve, this market has me totally perplexed. I think I will go back and play with the Internuts for the next couple days.

To: Alski who wrote (1901)	8/18/1998 8:36:00 PM
From: Thean	Respond to of 14427

MU - technically yesterday's close of 35 1/4 is the closing resistence. But if MU can close above $36 tomorrow, $36 will become an interim support. If it again closes higher on Thursday, then it confirms $36 being the new support. If the tech rally continues and all PC related stocks join in the mo-mo, we should see higher highs (upper BB surfing) and MU will be mo-mo driven to obscene level that makes all bears bankrupt. On the other hand, if MU did not join the party tomorrow despite all techs marching to higher high, then it sure looks like some skeletons will come out of its closet given some time. I would not suggest taking new position in MU, particularly short position as the trend has definitely favored the PC stocks recently. In addition, MU has been acting like an internut stock that goes up strong and comes down hard intraday as well as interday. The best way to play MU is to take a spread position, IMO. As to the overall market, we have tomorrow to contend with. If we have a strong day for the techs, I can live with that. But if all sectors and all beaten down stocks continue their rallies, I'm taking cover. In particular, I may cover the evil tower, my only short position now. I just bought puts on PPG and UN today based on the thinking they may not be able to attract long mo-mo's since their business is very much global and have Asian exposure. However, if mo-mo wants them, I'll take some loss and get out. Drillers - they continue to fade despite the strong market. That what being ranked dead last in every imaginable industry category will do to them. People are willing to sell at big losses and move the money elsewhere in hope of a speedier capital recovery. Should the overall market continues strong rally, I am buying NBTY - a beaten down vitamin stock. It closed above its midline BB with small volume.