IDT *(idtc) following this new issue?* Message Board

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Technology Stocks : IDT *(idtc) following this new issue?*

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To: Augustus Gloop who wrote (7686)	5/17/1999 11:39:00 AM
From: Steve Fancy	Read Replies (1) of 30916

Naz, I agree no rate increase or change in bias at this time. Don't know about a sustainable rally. Not sure what revenue expectations for Dell are tomorrow, but if they disappoint could get ugly. Dell and AMAT are in my mind the end of earnings season, and Oracle (mid-June) is the beginning of the next. Earnings warnings usually start kicking in somewhere in between. I think we'll be lucky to trade sideways for the next 4-6 weeks. FWIW, I personally don't see potential for a major correction, but think we could take 800-1000 points off the DOW ahead of next earnings and believe the internet stocks will suffer the worst. regards, sf

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