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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.52-0.3%Jan 7 4:00 PM EST

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To: Suresh who wrote (28578)9/29/2000 4:22:33 PM
From: Johnny Canuck   of 69561
 
Hi Suresh,

I will have to think about that one. Surprising, even though there has been carnage in the telecom sector a lot of stocks with good long term fundamentals still are above what I would consider bargain levels.

In the one year time frame QCOM is one I would look at seriously due to the beginning of the deployment of 3G in later half of 2001 in the Japan.

LMDS plays should be worth a look too. ANDW has been a interesting turn around story as a result of the LMDS ramp.
I am no longer up to date on their fundamental though.

I will try to find time to do some digging this weekend. I will be a little short on time though. I have a meeting next Friday that requires I have some milestones completed.

It looked like a wild finish to the week on the COMPX. On the plus side we did not test 3612 yet. Next week we see what the fund managers really think.

Have a good weekend.
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