YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (5876)	11/13/2004 8:56:38 AM
From: Sergio H	Read Replies (3) of 23958

Hi Ray. Good to hear from you. Ken is still in California (g). All nice charts. Brief comments: The NAS has formed a solid base at 1900 and looks like it will go higher short term. MRVL's chart looks great. Short term seems to be fueled by earnings. Report is due net week. MRVL has beaten estimates last two quarters. Considering that three analysts have recently downgraded this stock, it should beat estimates again. JNPR also has recent downgrades but earnings estimates have been revised upwards. Chart shows resistance at 29. MOT's chart has convergence of short term and long term MAs. A break above 19 or below 16 will point to the future trend. cbs.marketwatch.com ERICY's chart looks great despite the gaps. Fundamentally, this stock is expensive. ADTN has formed a nice double bottom. There's a gap just under 22 that offers an excellent entry point opportunity. All said, while the technical picture is positive, the Network stocks carry heavy multiples. Unless earnings pick up, the technicals are not substainable. Any other sectors catch your attention?

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