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Technology Stocks : i2 Technologies

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To: Mohan Marette who wrote (1053)12/11/1998 11:52:00 AM
From: Jim Willie CB   of 2339
 
Mohan, market almost done with its selfdoubt period
This Iraqi nonsense is a mild problem... does anyone ever believe the Great Satan Saddam (Sodomy)? ... US growth is ready to rock in next couple quarters at least

Nice to see new reco's... I personally doubt stock will move until quarter almost done, but that is close to now... With lofty PE discounting large continued growth, and SAP/Peoplesoft/Baan showing pain, I2 may move in slow motion until we see the whites of their eyes (earnings)... encouraging to see solid support at 24-25, seen today once more with a kneejerk jump back over 25

I salivate over the gap from 27 to 40 which price fell thru late summer... I fully expect price to gap up rather soon, esp if earnings are huge... 40 by early Feb99

/ Jim Willie
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