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Pastimes : ASK Vendit Off Topic Questions

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To: Venditâ„¢ who wrote ()4/19/2000 4:53:00 PM
From: MasonS  Read Replies (5) of 19374
 
Tech Sector Not Out of the Woods
By David Shabelman
Staff Reporter

4/19/00 3:24 PM ET

Steven Frenkel, market strategist with investment bank Ladenburg Thallman is targeting 2729 in the Nasdaq, and if that level is exceeded, he could see an extended bear market with the Nasdaq eventually falling to 1990.

Frenkel recommends shorting Phone.com (PHCM:Nasdaq), VeritcalNet (VERT:Nasdaq); BroadVision (BVSN:Nasdaq), i2 Technologies (ITWO:Nasdaq), Art Technology Group (ARTG:Nasdaq); Safeguard Scientifics (SFE:NYSE); Network Appliances (NTAP:Nasdaq); Rambus (RMBS:Nasdaq); Broadcom (BRCM:Nasdaq); Kana Communications (KANA:Nasdaq), Redback Networks (RBAK:Nasdaq); Foundry Networks (FDRY:Nasdaq); InfoSpace (INSP:Nasdaq); Adaptive Broadband (ADAP:Nasdaq); Puma Technology (PUMA:Nasdaq); Emulex (EMLX:Nasdaq); Terayon Communication Systems (TERN:Nasdaq); webMethods (WEBM:Nasdaq); Nokia (NOK:NYSE); Xcelera.com (XLA:Nasdaq); and Sony (SNE:NYSE ADR).
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