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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (180)	2/12/2000 3:25:00 PM
From: Logain Ablar	Read Replies (1) of 30051

Zeev: Not sure if 400 points will do it (and the MSFT news on Friday is FUD, of course the software doesn't work with everything or else it would be prone to crashes like win98) but I don't look @ the dow as an accurate measurement. I forsee at least one more rate hike (not worth looking past march) and we have some of the economic #'s this week. The PnF NYSEBP is still on the defensive and with the end of week action its only getting worse. RMBS has much more to offer as far as promises than VLNC, don't you think? Complete agreement. On a side note I was to receive a new Dell PC with RDRAM yesterday (a PIII 800 I ordered right after Christmas). Dell left me a message it won't ship till mid April due to RDRAM shortage. I expect VLNC to have much more competition than people think but also agree with one more PO the stock is going to $45 and with consolidation move to $70 this year. I'll look @ ULBI. I'm in 3 other stocks you may want to look at. IFMX - Actually a value stock and its held up well this week even with an IBM patent suit. I expect this software area to do well this year. I have a 3 month target of $33 (of course I also expected the stock to hit 20 this week). They have an acquisition vote on the 29th. WIND - Real time operating system. As soon as the Judge slapped MSFT the stock ran from 20 to 44ish. Now back and getting ready to break out (they have a acquisition vote on Tuesday). MRVC - A little pricey at this level but they're into optics which is key this year. I'm also looking for other lower priced optic plays. I know you follow ANCR which looks to be building a nice bullish triangle on the PnF chart. Tim

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