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Technology Stocks : Symantec (SYMC) - What does it look like?

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To: jhg_in_kc who wrote (1834)6/14/2001 1:59:00 AM
From: Roadkill   of 2069
 
Don't fret the short-term swings so much. This is triple-witching Friday. Additionally, the shorts could be just jerking our chains to shake out the weak hands while the NAZ consolidates. If we break 50 on volume, I'd become a little concerned. Otherwise just stay off margin until the breakout to new highs and you'll probably be fine. For the first time, SYMC is now bigger than NETA, both in terms of market cap and in projected sales this year. From the looks of the PR flowing from NETA, this apparently makes them a little defensive. It appears to me that JThompson continues to do a great job. IMHO, he is one of the best tech CEOs around, and the long-term outlook for SYMC remains excellent. Have held SYMC for a while now, and don't plan to sell for at least five or so years unless a massive fundamental change occurs.

RK
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