Sharck Soup Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sharck who started this subject	4/27/2001 10:43:42 AM
From: besttrader	of 37746

bearish on telecom capex -- 10:39 ET Sagawa Call : Bernstein analyst Paul Sagawa currently holding a conference call in which he is very bearish on telecom capex. With regard to individual companies, likes Nokia (NOK) the best as he likes wireless and says NOK has executed better than any tech co. Says LU is close to normalized fair value at 12/13. Likes PALM due to exposure to personal tech spending. Concerned about Cisco, sees no rebound for at least 9 mos as growth drivers (carrier spending, acquisitions) are gone. NT is most exposed: 2 yr "batten down the hatch" period in which revenues decline. 10:38 ET Nasdaq Composite : -- Technical -- Fifty point run off yesterday's late low in a little over an hour of action has left traders in need of a breather. However, the pattern of the move is encouraging for the very short term. An upside extension initially points to the 2095/2100 area with gap resistance thereafter between 2118 and 2135. Intraday supports are at 2065/63 and 2057.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next