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To: Doug who wrote (740)5/4/1999 12:26:00 PM
From: micromike  Respond to of 1571
 
You got that right. I guess I was just following the Ask bids and not the big picture. I thought last weak we were in a break out but this week it looks like we are once again getting heavy selling pressure.
I thought we would get some support around $26 but it's not happening.

JMHO
Mike



To: Doug who wrote (740)5/4/1999 4:06:00 PM
From: Serge Collins  Read Replies (1) | Respond to of 1571
 
Doug: I totally agree with your view of software. I have been negative on this sector for months and still think it will be a brutal performer all year long. Just look at what's happening to Nasdaq-listed software companies. Seldom does a day go by where you don't see one or two software stocks get hammered, and each day that passes you see another one warning of lower revenues.

It's been an ugly year for software and it's going to get worse before it gets better.