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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Rev Paris Green who wrote (5452)3/24/1998 9:23:00 PM
From: larry  Read Replies (1) of 18691
 
MSFT's pre-annoucement is far more important to the tech sector than COMS' bad report. Actually doesn't everyone expect COMS to disappoint street? However, since they were able to put up a very positive spin on the CC. And combine this with the market's generous attitude toward bad news (missing Q means it will have better room for upside potential next Q etc), COMS will rally past 40 in the near term...Unless we hear MSFT miss quarters, Titanic will not sink. Hey, it just garnered 11 Oscars last night and continue to set box-office highs.:)

larry
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