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To: William Hunt who wrote (23479)4/20/1999 1:34:00 PM
From: William Hunt  Respond to of 27012
 
SONKI ---CONGRATULATIONS FOR MAKING THE LIST --- thanks for your input always

Message 8651397

BEST WISHES
BILL



To: William Hunt who wrote (23479)4/20/1999 6:31:00 PM
From: Sonny McWilliams  Respond to of 27012
 
Hello Bill. Sorry. I was not able to respond earlier.

What a come back today. About this rotation. Like I mentioned in my post from yesterday: They can have the cyclicals. Well this rotation did not take very long and money is already coming back in the former tech leaders. You can stand just soooo many boring stocks. gg. But you know the herd mentality of some of those funds. They got out of good stocks to hunt for bargains. Two day event. Techs, financials, telecoms and Pharmas are still in. It looks like the biotechs are coming back also. Hm. Another tulip mania. gg. And the nets may be moving again also even though I just heard M.Murphy of the technology stock newsletter say that the fun for the nets are over. Hm. I don't know. I am having lots of fun AND grief with them.

I can't believe that you got out of SCH and then jumped right back in only to play chicken.

I only sold CPQ yesterday but today I sold some of my RNWK. Ouch. It split after the bell and had good earnings. I am thinking of jumping back in also. I had taken a message off my phone and found out that my broker was calling for money. So I called him but luckily RNWK had been up already over 26 points. So when I returned the call, all was well. But about 10 min. before the market closed the NAZ started to retreat and I sold 100 sh. of RNWK 5 points too soon. I will be missing those 100 sh. tomorrow. Sigh.

I guess you heard about Msft's earnings. The usual warnings about next qtr. and then they beat the estimates after all.

Most earnings came in better than expected and that should calm the market for a while, I think.

Sonny