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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: Jorj X Mckie who wrote (1257)6/7/2000 3:07:00 PM
From: John Pitera  Read Replies (2) of 2850
 
-g- and I let a bit go yesterday,

I'm still long PEB but, I figured it's run up so much
and it did not get through it's 50 DMA @ 70.73
yesterday or today. My thought was it could pull back
a few bucks unless we get robust nasd action and it bangs
through it.

but I'm wrong a lot -g-

that shake out to 42 was no fun and I was rewarded for
selling at 65 last month.

I'll probably be a buyer of PEB @ 62 ish

I did some PMCS yesterday, I later hear something about
IBM entering their market??

when PMCS could not rally on the upgrade, I figured it
would pull back.

I wondering if it can get back to 165-66.

any thoughts?

wow vrsn, brcd, jnpr all looking good.

top optical stocks providing leadership here.

------------

Upgrades

FleetBoston Financial (FBF:NYSE - news - boards): price target UP to 48 from 44 at ING Barings. FleetBoston Financial missed 15/16 to 39.

Gucci (GUC:NYSE - news - boards): UP to buy from market performer at DLJ. Gucci increased 3/4 to 85 7/8.

IDEC Pharmaceuticals (IDPH:Nasdaq - news - boards): UP to outperform from neutral at Morgan Stanley Dean Witter. IDEC Pharmaceuticals jumped 7 7/16, or 8.4%, to 96 3/16.

Inco (N:NYSE - news - boards): UP to buy from outperform Salomon Smith Barney. Inco lifted 5/16 to 16 9/16.

PMC-Sierra (PMCS:Nasdaq - news - boards): UP to buy from hold at SG Cowen. PMC-Sierra dropped 7 1/8 to 180.
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