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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (8333)	6/16/1999 3:06:00 PM
From: Kevin Shea	Read Replies (1) \| Respond to of 57584

Rande; A while ago we were talking about a good time to reenter T. IMO that time has come.... The past few days have been strong and has provided me with a signal that I like... I believe that for T we have reached at least a near term bottom.. invest accordingly ... standard disclaimer... How about that ORCL <G>

To: Rande Is who wrote (8333)	6/16/1999 3:50:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Nasdaq leader board looks like a repeat of yesterday. . . HELLO? Symbol . . Company . . . . . Last . . Volume. . . $. . . Chg % Chg INKT . . . INKTOMI CORP COM 108 5/8 . . . . . 3965700. . . +18 1/8 +20.0 YHOO . . . . YAHOO INC COM 140 13/16 . . . . . 12364700. . . +15 9/16 +12. BCST . . . . BROADCAST COM INC 107 7/16 . . . . . 876700 . . . +13 7/16 +14.3 AMZN . . . AMAZON.COM INC 109 3/16 . . . . 8874000 . . . +12 11/16 +13.1 ATHM . . . . AT HOME CORP COM 91 1/2 . . . . . 7304500 . . . +11 7/16 +14.3 GNET . . . . GO2NET INC COM 115 15/16 . . . . . 626900 . . . +12 11/16 +12.3 CMGI. . . . CMGI INC 88 7/16 . . . . . . 9317200. . . +11 7/16 +14.9 EBAY. . . . eBAY INC 145 7/8 . . . . . . 5321500 . . . +10 3/8 +7.7 ABDR . . . . ABACUS DIRECT COM 84 . . . . 630000. . . + 10 5/8 +14.48 Look at yesterday and today's volume of these issues compared to the past month or more for indication of major positions being taken. This is not mostly daytrader activity, IMO. . . but rather accumulation. One more day of this sort of activity and I believe our bottom will be rock solid. As it is. . . the bottom I am seeing is solid enough for me to go back to buying some leaders over past three trading days. . . . Once again. . . ONLY the leaders. . . .and as always. . .PLEASE do your own DD. . .and never buy anything anyone tells you to buy. Rande Is

To: Rande Is who wrote (8333)	6/16/1999 4:26:00 PM
From: Jon Stept	Read Replies (1) \| Respond to of 57584

Rande Is... thanx for the analysis, and... the volume is still troubling. The volumes is great when general financial news appears, then no more volume. I have heard this is typically a slow time in the market, and we are a witness to that. Also, there has been almost no news to juice the market psychologically other than the interest rate news. No "broadband coming" or "music everywhere" or "wireless" .... and we really need that "promise of technology" undercurrent that promotes confidence. Y2K undercurrent cuts against this, which makes it even harder to pump up that confidence. Also, the momentum slowdown tends to feed on itself- no ipos, no technology news, people get on the sidelines... just like it feeds on itself in the other direction. It is pretty obvious the PR machines have slowed down. If I may venture a prediction, I would say we are going to see the broadband spin come back as players start to rollout for xmas and we will also start to see some Y2K panic control that will start to talk about who is actually is not Y2K ready. There must be a lot of cash out there waiting to come in. Remember last year in the fall correction... that was pretty quick and the cash came back in quick. This time, the correction has lasted much longer, although it was made worse by the seasonal slowdown, but I think that still gave us more time to fill up those cash coffers. I think it would also be a wise idea to monitor accumulation statistics to see what stocks the institutions are loading up. Do you use accumulation data, and if so, is it an accurate predictor? Oracle's earnings and CPI number is nice, but I am not sure it will provide the fuel... I think we really need a broad, long, story that will spark imaginations and give people hope and confidence about technology. A story with some meat... similar to Dell exploiting the just-in-time model, EBay taking the brokerless model to it's limit, or e-commerce during last Christmas that blew revenues out of the water... that type of story will be the event that will light the fire. Just my opinion. Jon :)