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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 690.64+1.9%Feb 6 4:00 PM EST

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To: Johnny Canuck who wrote (32585)6/1/2001 12:43:31 PM
From: Johnny Canuck  Read Replies (1) of 70610
 
09:00 ET Robbie on Software : Robertson Stephens says that issues affecting applications companies are both cyclical and secular; in addition to economic woes, Robbie sees near-term saturation in the software market, slowing adoption rates, and a lull in product cycles. Firm sees significant risks to current estimates; favorites in the group are ITWO, SEBL, SAP, PSFT, and ORCL, but investors must have a 12-24 month horizon and tolerance for 30-40% downside risk.
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