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Technology Stocks : ORBKF Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: Valley guy who wrote (547)8/31/1998 1:17:00 PM
From: Joseph Beltran  Read Replies (1) | Respond to of 575
 
Everything that has anything to do with sales to asia, especially high tech equipement is being killed. there is no discrimination whatsoever. everytime I think a stock has gone as low as it could possibly go I am proven wrong. funds are selling to raise cash for redemptions, etc. the cash position on the sidelines (including $$0 in short term treasuries and money markets) must be nothing short of astronomical. commodities are still sinking; in another 20 trading days or so, at this rate, the russell and nasdq will be at zero. this is unbelievable.