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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (20829)	6/3/1999 10:31:00 PM
From: Michael Young	Read Replies (1) \| Respond to of 34811

I keep seeing people say that the nets have already fallen far enough. But I vividly recall the rise and fall of the semiconductor stocks in 1995, the IOMG led small tech frenzy of Spring 1996, and the oil service stocks in 1997. Getting chopped in half was only the beginning of the nightmare for many of those stocks. MIKE

To: James Strauss who wrote (20829)	6/3/1999 10:40:00 PM
From: S. M. SAIFEE	Read Replies (2) \| Respond to of 34811

Jim, INTC and DELL are already thru 200 MA and MSFT is moving thru 100 MA only CSCO is hanging in above 100 day MA. Internets are getting close to 200 MA. And pretty soon long term holders are only holding gains due to multiple splits. Once these stocks go in two digits then long term investors will start taking profits and down trend will continue. Like your profile! I am long COMS, PAIR, MO and DIS, hope valuations will hold