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Technology Stocks : Wireless Facilities (WFII)

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To: Dave C who wrote (384)7/21/2000 1:50:46 PM
From: 2MAR$   of 465
 
Market sentiment changes on a whim & cycle (not wfii , just overall) ...mrket's just come off a few "up" days ,so traders ran to take profits with the MM's riding the fear and stock down at the open..

....the Book-to-bill semi-conductor report out raises some concerns in that sector, today taking a hit...

.... certainly Agilent prewarning earnings short fall , and HWP losing ground and the disappointment of Lexmark....and other's adding to the weakness, such as Ericy taking a hit admid component shortages affecting it....MSFT weakness etc.

These are the times you use the fear a litttle bit, after a few good days you get some fear and concerns, cooling off , profitaking ...then

Expect Monday comes a surprising thaw, oil prices are trickling down , the fibre-optics sector will remain on fire, and think might see some buying start to come in .

Remember Wfii earns on weds , and it's holding nicely here...think what an upmarket will do before earns next week ?

and i for one expect this to change in "short" order....much to the chagrin of the shorts! And look WFII is back up 3 to $73 ....positioning to earns which should be great IMO!
:-)
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