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To: Nevin S. who wrote (80486)5/6/1999 2:31:00 PM
From: Stormweaver  Read Replies (2) | Respond to of 186894
 
NEW YORK (CBS.MW) -- Most computer-hardware stocks retreated Thursday as possible PC growth concerns loomed over Wall Street and chip stocks struggled to stay afloat.

The Philadelphia Semiconductor Index lost 0.7 percent, and the Goldman Sachs Computer Hardware Index dipped 0.1 percent.

"There's still an environment of tremendous nervousness about the health of PC unit growth that is weighing on the chip sector today and really has been for the last couple of weeks," analyst Erica Klauer of BT Alex. Brown told CBS.MarketWatch.com.

But, Personally I think the concern is over-rated, James



To: Nevin S. who wrote (80486)5/6/1999 2:52:00 PM
From: Process Boy  Read Replies (2) | Respond to of 186894
 
Nevin - " Just doesn't make sense. "

No it doesn't. I can only guess there is some real heavy profit taking going on. Supposedly, the rumor is PC orders for May and June look very healthy.

I'm glad I'm a long term investor, and don't really worry about daily blips like this, especially since this one does not ostensibly make sense.

PB


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