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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (34627)	10/11/2000 11:51:41 AM
From: James Strauss	Read Replies (1) of 50167

Ike: 2001 eps est for LU is same as 2000 est per analysts... This sets up positive surprise possibilities for the current fiscal year as Lucent's revamped optical strategy takes hold... Looks like we may be getting a bounce off the near 3000 NDX bottom... With capitulation in companies like YHOO and LU, and CSCO struggling on the precipice, it sure looks like the stuff of what bottoms are made of... As soon as the current margin calls are satisfied we should see the blue chip selling abide... finance.yahoo.com Note the 8 New Highs on the Nasdaq vs 376 New Lows... That kind of lopsided ratio usually occurs near a bottom... So, this time when you hear "The End Is Near!!!", that will be a good thing... : > Jim

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