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Non-Tech : The Critical Investing Workshop

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To: seahorse who wrote (11141)4/5/2000 6:42:00 PM
From: Jim Willie CB  Read Replies (2) of 35685
 
reason? yday was up 6 pts, reason enough
others recovered while we treaded
yday + today was up 1 pt
I will take it anyday

when we turned up in midafternoon at 145, rumors hit WallSt of lackluster manipulative variety... WhoreHouses imo wanted to pick up some largecap tech stocks once again... I am hugely encouraged

lots of talk of the NEED for Naz to retest 3500
but I repeat, V-shaped reversals dont always get retested
we dont HAVE to touch the 200day Moving Avg at 3500
some hardcore technicians stick to their books too rigidly
I think we dither and diddle and dicker until earnings flow in

Yahoo came in 1 cent above expected, selling off afterhours
but they are internet trading at 400 times earnings
what a fuxxing joke of a stock!!!
so what if margins are 85% ?
their growth rate is good, but not that good
YHOO is 50% overpriced

MSFT is toast
it now is losing its best people at an astonishing rate
their stock options are considered dead
big damage settlements will dominate their news for months
Netscape and others might soon enjoin the suits, or file new suits
excellent news for the computer sector specifically, technology arena generally
MSFT is in the erosion stage down to 80

we do NOT want MSFT to be anything more than a bit player in wireless sector
Gates doesnt seem to realize that his company was just declared as criminal
he is lobbying WashDC, labeling Dept of Justice as oppressive
perhaps $2B in damage awards will be sufficient cold water in that brat's face

I am done, Jim Willie
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