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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 677.56

-2.0%

Jan 20 4:00 PM EST

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To: dppl who wrote (20135)	3/6/1999 1:07:00 PM
From: Clint E.	Read Replies (1) of 69897

Thomas; I couldn't find MWD's conf. schedule. Without SOX, the NAZ could have never reached >2500 in Jan. so I think this conference is very important in order to "appease" investor's fear of permanent slowdown in PC sales. I do think that the drop in demand is seasonal & P3 transition-related. I mentioned a few weeks ago about my visits to BBY & CPU and some people here also know that I returned my new DELL P2/450Mhz system a few weeks ago because I wanted to wait for P3(not because I need it, just because it is cool), something that others may be doing. One negative for INTC in the short-run, is the number of uPs that are out there from INTC and other mfrs. I do think people will buy P3 but mostly won't pay more than $2000. Regarding TI, if it goes to 109 in a quick fashion, I will consider shorting it. Clint

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