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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (6141)6/5/1999 4:54:00 PM
From: Berney  Read Replies (1) of 11051
 
Hi MG, Missed Ya! Glad to see you didn't fall off the earth.

Wierd isn't it that utilities would go up in the face of higher rates. I'm glad to see the Drugs showing signs of life. We need that leg of the stool.

The sto chart pattern on GE has been good to me in the past, but then I didn't know about down trend lines back then. <g>

I have been stuck in INTC on a really stupid busted short term trade, but I'm 2 points from day light. If we get some follow up on Monday, it could even get the daily to change direction.

My BEL phleet is also fighting a really nasty looking pennant. But then, with T going down 9 days in a row, it's been a tough sector to be in. I've got a small losing position in DELL. We've also had some fun playing ALL and FNM.

My COMR looked like it had died, but came back to life big-time in the last couple of days. I expect that it will taken over by DAL. DAL already took out another regional carrier, ASAI. The problem is that DAL already owns about 22% and really is in a position to dictate the take over price. COMR's ten year contract with DAL ends this fall, and I believe that it is interesting that it has not been renewed. I also think it is going to get a nice plug in the 5:30 p.m. session of CNBC Monday, but that is speculation at this point.

Good to hear from you.

PBTB
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