Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: manohar kanuri who wrote (6153)	11/2/1998 5:39:00 PM
From: Stitch	Read Replies (1) \| Respond to of 7841

Mano, OT I have a sense that we may see a cooling off period of 6-8 months, possibly driven by concerted G-7 actions that feature some concessions to capital controls coupled with significant bank refinance and reform in the troubled emerging markets. I expect our opportunities lie in careful selection of near term trading vehicles. Frankly I am nearly 84% cash, unwilling to commit more to a game I never really tried to play before this year. I have always bought thinking on a longer term. However, as it turns out, the segments I think I understand best lend themselves to a shorter term view. These are semi equipment, disk drive, semi conductor, and computer stocks. Further confession: the worst call I made since I re-thought my strategies at the beginning of this year, was to pick off Seagate at 28, though I followed to average down and am now well on this stock. I'd be interested in any thoughts you have on this strategy and any candidates if you share the notion. Best, Stitch