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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Rich1 who wrote (29483)4/20/2000 8:57:00 AM
From: Carolyn  Read Replies (1) of 63513
 
Maybe the bull is taking a well deserved rest before sallying forth with renewed energy.

Did you see this?

Message 13465353

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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