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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.16

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Jan 12 4:00 PM EST

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To: Johnny Canuck who wrote (15808)	5/3/1998 1:50:00 PM
From: Judy	Read Replies (2) of 69708

Hi, Harry Commander's Palace is quite fine, it is to New Orleans and Masa's is to San Francisco. Call ahead for reservations. It is hard to go wrong on virtually any restaurant in New Orleans. Regarding stocks, I've been examining the networkers and telecoms and have concluded that telecoms are the investment vehicles for the future, not networkers except for CSCO. While the telecoms are pricey now and at an intermediate top, they have enterred a secular bull market that should extend for the next several years. LU is clearly the standard, but which other telecoms do you think have the most potential long-term investments. I hold ASND shares, and while Mory seems to be regaining credibility with the Street again and the stock is recovering, I will probably unload in total during strength and roll the proceeds into the telecoms on weakness.

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