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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (2907)	11/16/1998 8:07:00 PM
From: Patrice Gigahurtz	Read Replies (2) \| Respond to of 4613

Larry: To tell you the truth I'd play the market more but since the recent crash I find the market very unsafe to say the least. I am no expert, just a gut-level type investor. I should say I'll never forget the night in the eraly '80s, when inflation was running away, that Marty Zweig told the panel on Louis' Public TV show that he'd buy 14% Fed bonds/notes. He was right then and if you saw him a few weeks ago on the same show he had that same look in his face as he did many years ago; very concerned ! In fact he said he was, "neutral" on the market and even corrected Louis when he indicated that Marty was, "bullish". When Marty is worried I get out. Oh one other Marty story. If you have the 8/10/98 Barrons check out Marty Zweig's pg #3 comments. In that article he indicated that he would exit if the Asian problem extended further; that was just weeks before Russia. I never go against Marty's instincts. On 10/8/98 (Thursday) when the DOW was hitting intra day low 7400ish CBS hit $18; I knew then that this market was a differnt animal than '96, '97, and up to July '98. In fact it reminds me of the '70s bear market(s). Just my opinion and my comments are meant as entertainment and therfore not investment advice. Thanks