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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (34406)	9/11/2000 2:14:28 PM
From: American Spirit	Read Replies (1) of 57584

Aftershocks. Consolidation. Tech market looking for solid signs of direction. Some bargains in the confusion like NOVL at 10 1/8 I just got. Strong dollar hurts IBM a little but they're going so strong now they'll still beat estimates. UIS down because of IBM a little. Can get it for $14 or maybe a tick under. Ought to hold here and resume climb. Ditto CPWR, IFMX, NOVL. As predicted telcos up a big today but it will take more than one day to blast through the remaining scepticism. It will happen soon but today's just one of those wishy-washy days with confusing signals. I'm holding through this and nibbling on dips in my favorites. Watch LU getting knocked down in telecommunications equipment sell-off. Fact is they're already so sold off today's price represents a stellar entry point. They'll turn it around esp with their upcoming spin-off. Nervous market and a stalemate day. By Wednesday maybe we see the sustainable turnaround.

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