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Technology Stocks : Xilinx (XLNX) -- Ignore unavailable to you. Want to Upgrade?

To: joe smith who wrote (2032)	10/22/1998 4:00:00 PM
From: Lucinos	Respond to of 3291

Joe, I am both a bull and a bear since I am a trader. If you pay attention to the international market, you will know that semi busisness is really sitting at the bottom now (I am not talking about sox, as a leading index, which is already taking off and leaving the bottom). Besides, the world economy is no longer as shaky as a month ago (it is not getting better though). So, I am tentative to think we have already seen the low of SOX this year. I am not arguing the SOX may eventually drop to a new low next year. However, I do think both SOX and XLNX will not break their lows by the year end. Since we are trying to make profit, it would be too risky to wait for 20's to cover the shorts. Just my thoughts. Lucinos