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To: uu who wrote (14905)	9/11/1998 1:20:00 AM
From: shane forbes	Read Replies (3) \| Respond to of 25814

Addi: If I had the dough (not the Pillsbury kind <g>) I would take advantage of any fear and buy the techs very heavily tomorrow. See my post 14906 Message 5720880 - that truly is very very good news - in particular note the semicustom chips supply conditions thing (they will worsen) and the inventory thing (build or maintain with no reductions) - usually when you see big aberrations like that it is a sign of an inflexion point. (LSI would theoretically be in the semicustom chips area - your XLNX definitely is in this category.) I follow the NAPM numbers pretty closely and the above is a good proxy for the electronics area - I have never seen such big increases in optimism! Of course you are right about Japan - that's a total mess. Plus we will have the Clinton thing as well. Personally I wish the big caps get thrashed another 600 - 1000 points on the DOW - that should bring the speculators back into big time reality. Unfortunately I do realize that my small caps will then get absolutely slaughtered if that happens but I would rather have the crap cleaned out this way than what appears to be unrealistic signs of hope in the big caps even at these levels. You know what is eerie. Many of the tech stocks I follow are back to fairly solid support levels that have held this summer and before. My sense therefore is that there is enough news to keep them above those support levels for the near term future. We shall see soon enough. Shane.

To: uu who wrote (14905)	9/11/1998 4:23:00 AM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 25814

Addi: Neither the good news for INTC, ORCL, and NSM nor the meltdown in Japan can potentially have the impact of the release of Judge Starr's report. Most everyone has assumed that the report will only contain information that pertains to the Lewinsky matter, which by itself is potentially devastating. But there may also be impeachable offenses relating to the initial inquiry of Whitewater. Anyone who is in the market tomorrow as a trader is truly making a wild guess until the report is released. The potential for chaos is a very real phenomenon with the combination of Japan's meltdown an a report that is worse than anticipated. Going into '99 we could see the Communists partially back in power in Russia, Kohl out in Germany (almost a certainty) and Gore running the US.Not a pretty picture.