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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Charles Hughes who wrote (11803)	9/1/1998 4:30:00 PM
From: Dave Wulkan	Read Replies (1) \| Respond to of 14631

Charles, I suspect that the "squeeze" on the margined accounts is over for now. There remains the risk of traumatic political events. Russia actually going back to communism could most definately put us in a 1929 style decline (even from these low levels) because the whole premise for our prosperity is based on the peace dividend that could disappear. If Bob F. is right and the next two quarter look better than the last few (and without any of this restatement crap!) It should be a decent ride (very decent if you bought in at these prices!). My guess is that we'll mimic the volitility of the market until we get close to the quarter end leaks & speculation. I still believe the technical analysis tenet that a gap always gets filled and, there is an unfilled gap at 15. dave