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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (27104)6/19/1999 9:11:00 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 50167
 
Al---- just a link....
clearstation.com

Ike...tried to fix your link.....the compounded link doesn't function.

Is this the topic you wanted to highlight?

clearstation.com



To: IQBAL LATIF who wrote (27104)6/19/1999 10:09:00 AM
From: Al Serrao  Respond to of 50167
 
Uncle Ike, thanks for links. Who knows what these shorts will do. I must say they are very well capitalized, so this is serious money. Not so easy to dismiss them. Nevertheless, INTC is bound and determined to make RMBS the next memory standard and INTC's future and fate now rests with this tiny little company. I believe the whole PC industry now awaits this transition without which they nothing new to sell. When they successfully pull it off, RMBS will be the big winner and INTC's reign continues. Regards.

Uncle, can you detail one of your trades for the out of the money calls? Always trying to learn from smart Uncle.



To: IQBAL LATIF who wrote (27104)6/19/1999 11:22:00 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 50167
 
Ike,

I think you will especially like this!

smartmoney.com

smartmoney.com The bull market is dead, long live the bull market. Acampora says the market's recent tumble -- which could ultimately result in a 10% decline -- is just a hiccup. "At first blush, it is perfectly normal to witness a correction because the market became overbought as the Dow Jones Industrial Average gained 1,600 points in just two-and-a-half months. This overextended advance combined with a rise in interest rates to generate a sharp selloff." (Prudential Securities Research, May 19; New York Times, May 25).
Among the Dow 30, Acampora sees technical weakness only in General Motors (GM), which he believes is headed into the low 70s. Otherwise, it's smooth sailing, as he finds 135 large-cap stocks to be technically attractive. His list includes FDX (FDX), Ford Motor (F), Apple Computer (AAPL), American Express (AXP) and Sears (S). (Prudential Securities Research, May 19)
Acampora also says it's time to get back into "secondary stocks," the underloved, "undervalued" small- and mid-cap issues. Despite investor reluctance to believe in a recovery, he insists that "the strength in these new groups [energy, cyclical stocks and secondary issues] was merely an initial upward reaction and that investors [can] expect much more of a rise simply because the unfulfilled institutional demand is enormous." (Prudential Securities Research, May 5).