Emulex, What Prospects? Message Board

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Technology Stocks : Emulex, What Prospects?

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To: Clive Miller who started this subject	8/26/2000 9:35:06 PM
From: Vendit™	of 788

I find this newsletter interesting: The Wall Street Digest Hotline Update for Friday, August 25th, at 6 p.m. The Dow Industrial Average gained almost 10 points, while the Nasdaq Composite lost 10 points. A false press release involving Emulex pushed the Technology sector down today. Emulex shares were down more than 50% intraday. Some prankster is in a lot of trouble. The broader market is just marking time now waiting for the big traders to return after Labor Day. Wall Street expects volume to expand and push stock prices much higher after Labor Day. We do expect the Internet/technology sector to lead the market higher this fall. Stock selection is the key to above average profits. Again, it is more important than ever to be invested in companies with earnings growth and technologies that will accelerate the speed and efficiency of the Internet. We are adding Noven Pharmaceutical (NOVN). Second quarter earnings were up 200% on a 40% sales increase. Be sure to own: Cypress Semiconductor CY Taiwan Semiconductor TSM Juniper Networks JNPR JDS Uniphase JDSU Sycamore Networks SCMR ADC Telecommunications ADCT Nortel Networks NT Corning GLW Extreme Networks EXTR Do not sell bonds. Long-term rates should continue to fall well into next year. The next Hotline Update will be Tuesday ,August 29th, at 6 p.m. Eastern. ------------------------------------------------------------ You are receiving this hotline as part of your online subscription to The Wall Street Digest. To visit the current issue, go to: investools.com The Wall Street Digest is e-mailed every Tuesday and Friday after 5:00 p.m. E.S.T. Special alerts are e-mailed after a 200 point change in the DJIA or when there are specific buy or sell recommendations. ------------------------------------------------------------- A Word From Our Sponsors: Get what you deserve with NextCard Platinum: earn up to DOUBLE rewards points, as low as 2.9% intro or 9.9% Fixed APR, Online account management, and NO annual fee. Save money today with online balance transfers. Get the card! nextcard.com ------------------------------------------------------------- If you have questions or comments regarding your INVESTools subscription or account, please contact the INVESTools Customer Service Center: investools.com INVESTools Inc. investools.com Trusted Advice for Independent Investors ---------------------------------------------------------

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