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Technology Stocks : Jimbo's Playhouse/CPQ
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To: Jimbo Cobb who wrote (3501)8/5/1999 6:53:00 AM
From: Mao II  Read Replies (1) of 12663
 
EDIT
Jimbo: BEAM @ 18 is a buy in my view, but it is obviously hard to say how much more this corx has to run. DOT, NDX, BKX & naz have all broken support and are well below 50-day avg. With the DOT now in intensive care, NDX is the key here--it is home to the big boyz who have pulled this market up month in and month out. It is at near term support. A serious breach could drop it to 2100. More importantly, it would indicate that major selling had spread to the likes of Cisco Kid, Mr. Softee, etc. Will this happen? My crystal ball sez it's a possible, but that it would represent a major opportunity. A lot depends on what the rest of this week's economic numbers tell the market, particularly tomorrow's labor report. M2
EDIT: LCAV has been a better performer than BEAM; VISX is obviously the way to go if it dips enough. I heard somewhere, by the way, that there has been some concern raised about these procedures. Do U have any info on this?????? M2
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