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Technology Stocks : Mcaffee Associates

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To: Ran Kivetz who wrote (16)9/1/1996 3:37:00 PM
From: Michael Burry   of 23
 
Doubts re: product integration and concerns over insider selling
and stock valuations fundamentally back up the technical picture on the chart. A head and shoulders formation is in place, with the neck at 58.5. A close below 58.5 and the next stop is 51-52. Long term trend is up but I got out at 64.5 kind of by accident and am glad I
did. Long term hold. Short term hold. Short term sell if it falls
below 58.5. With this stock, I'm always looking for a re-entry point,
though.

Michael Burry
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