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Politics : Idea Of The Day

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To: Jerry Olson who wrote (23923)	3/1/1999 2:01:00 PM
From: Judy	Read Replies (1) of 50167

OJ, cmgi and yhoo as expected. But I'd like to see yhoo close at 160 or better in the next day or so. No, the semis are not a dead cat, this is a normal retrace down exacerbated by a slew of analyst downgrades. INTC sold down to support at 122-125 under pressure from the DELL due to potential slowing of revenues and sold down again recently to 115ish due to CPQ warning and a punch more downgrades. PC market has little to do with INTC's future and will have a diminishing role in the semi sector. Totally underwhelmed with analyst ability to forecast, I shall return to the sector for trading again after Friday's employment numbers.

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