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To: diana g who wrote (31456)	11/4/1998 10:28:00 AM
From: marc chatman	Respond to of 95453

I didn't mean that the companies don't have fundamentals, but that people are not buying en masse based on any fundamentals. Definitely all these stocks have fundamentals -- some good, some not so good. This is true outside of OS as well. Money is pouring into disk drives, for example. OK, some (e.g., cnbs) are spinning the story that inventories are under control. But buyers are also scooping up trash like Applied Magnetics, a company which makes heads for disk drives but can't get any of its products qualified and into production before they are obsolete. Their cash burn rate should put them out of business in a year, but the stock was up 25% or so yesterday, and up again today. Go figure.