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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: 2MAR$ who wrote (119177)12/15/2000 10:33:22 AM
From: Lane Hall-Witt  Read Replies (2) of 120523
 
Wow! It's sobering to see EMC getting hit so hard today on that Bear Stearns downgrade. Talk about the teflon stock -- that one was it. SUNW finally cracked 30, also. I'm a bit surprised that we haven't seen any signs of a rotation into "safe havens" within the tech world: for example, CSCO, GLW, or NT, all of which have affirmed recently that business is on track.

On the more speculative side, ITWO is falling out of bed right now. I wonder if it'll hold 41-42 again. CIEN is holding up surprisingly well; we need that one to take a dive. JNPR is getting slammed again; we'll have to watch it around the 100-105 level again, if it drops that far.
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