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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: pater tenebrarum who wrote (25079)	9/8/1999 7:14:00 AM
From: dennis michael patterson	Read Replies (2) of 99985

Heinz, the electronics retailers (actually, Ingram etc are distributors, to be distinguished from the BBYs of the world) is the oldest of old news. The Ingrams of the world and their demise is a Compaq-specific story. Let me give you just one example-- a clear, pristine example-- of how Hickey et al lose people money. Dell. All those clowns said Dell was dead. They even had me convinced! Until I read Michael Belkin. Dell has gone from 33 to near 50 in the last 6 months. The GREAT call would have been "buy Dell!" Instead, if you listened to the likes of Hickey, and sold at the bottom. you lost money. These guys are losers. As for things "smelling" in techland, the only thing that smells in telcotech land is bearmeat. Csco just goes up. Semis-- TXN, RFMD, INtc, etc. are all going up. Heinz, there is nothing wrong in techland. Beaing a techbear for the last 6 years has been a losing stance. It will continue so.

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