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Politics : Idea Of The Day

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To: Nancy who wrote (15522)	12/11/1997 6:44:00 PM
From: Judy	Read Replies (1) of 50167

SMOD, JBIL, EMC Nancy, both SMOD and JBIL were short candidates on rallies ... broken down momentum stocks regardless of fundamentals. Fundamentals will play out in time ... when the momentum players leave. JBIL needs to fill the gap at 33ish and SMOD will find support at this level. EMC ... proper entry is/was at 25-26. But ML upgraded the stock today so it popped up. As I told you this is their weakest quarter ... I am wary of going long any stock hovering about its 200-day mav close to earnings. EMC is the premier storage company worldwide .. I want to hear that it has negligible exposure to Asia first. Thanks for info on QCOM. Will try to view article later. ADBE should support open standards instead of this proprietary pdf stuff.

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