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Strategies & Market Trends : Tech Stock Options

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To: Ramsey Su who wrote (57925)	11/21/1998 7:56:00 PM
From: donald sew	of 58727

Ramsey, Concerning CCL, it is quite predictable to my technicals and moves quite closely to the DOW. The charts are showing slight weakness which should be good enough for a 3-5 point drop, with some help from the market. Since I had some experience in that industry, the winter months are not the high seasons. This is the season for drydocking/repairs, so the likelihood of strong sales would not normally come during the winter months, therefore stong good news should be limited. Also there was a recent downgrade due to valuation from a TOP BUY to a BUY(forgot which firm). I want to make it clear that CCL is a good company, and all Im looking for is a normal technical dip. seeya

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