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Strategies & Market Trends : Sharck Soup

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To: puborectalis who wrote (24375)5/22/2001 11:09:41 PM
From: puborectalis   of 37746
 
John Hughes, Schields & Co. (II)

John Hughes, analyst at Schields & Co. was today's guest on CNNfn's "The Money Gang". He gave his market views and answered specific stock questions.

SUNW has a little more of a bottom here on a technical basis, which is why Hughes likes it a little bit better than CSCO. It has had a pretty good move here – be patient and it should go higher. Wait to buy on a pullback.

JDSU has stopped going down, and now is probably not a bad time to buy here. It should see short term moves to the upside. You will have to be patient for bigger gains.

ORCL: there is evidence that we have seen the lows. You may have to be patient – it could take longer than you’d like.

EMC has a lot of work to do, but the bad news has been factored in. This will probably be higher 12-18 months out.


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