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Politics : Idea Of The Day

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To: saulmon who wrote (23945)	3/1/1999 10:53:00 PM
From: IQBAL LATIF	Read Replies (1) of 50167

ALA remains my long shot, I would think that by next quarter earnings we should see this stock at 28. COMs have retreated from highs of 50's I would think that takeover expectations have dampened. What we have seen is a significant loss of take over premiums. NWX also has gone thru a significant correction from 457-9 to 395 closed at 404, I would think this sectoral weakness also has a lot to do with COMs, I am watching at CSCO and ASND to improve and with earnings they will certainly do quite well. quote.yahoo.com^NWX&d=5d I would like to think that most of these net-working stocks would do well as such my future long term out look i.e looking out 12 months remains positive for COMs CSCO's ASND's.. I will be a buyer( with my constraints of levels I highlight everday) at these lows..or couple of point lower. In short term we can see some more pressures but eventually as second quarter earnings descend on us we will see some good move in this particular sector. Earning's role in valuations cannot be overlooked, what we are seeing right now is breather after a huge run in the market, for me that is quite positive.

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