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To: Chuzzlewit who wrote (4824)	2/10/1999 6:14:00 PM
From: William F. Wager, Jr.	Respond to of 41369

Jefferies' Hogan:Good Techs Are Getting Thrown Out With Bad NEW YORK (Dow Jones)--In today's jittery market, some of the best established technology companies are getting unfairly sold off along with the more volatile tech stocks, said Arthur Hogan, market strategist at Jefferies & Co. "We're seeing a mass selling of everything technology," he said in an interview with CNBC Wednesday. "That's probably the wrong thing to do." Hogan said that, even in the volatile Internet sector, the bellwether stocks, like Yahoo! Inc. (YHOO) and America Online Inc. (AOL), are worth picking up - provided their prices come down a bit. Elsewhere in the tech sector, the strategist recommended well-established names, like International Business Machines Corp. (IBM) and Compaq Computer Corp. (CPQ). Regarding the market in general, Hogan said, there "is cash on the sidelines waiting to buy the next idea," but investors still are wary of a market downturn. If uncertainty were eased in one of several major events, including turmoil in Brazil and China and the Impeachment trial in the U.S. Senate, investors could relax somewhat and head back to market, he said.