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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (6233)	7/6/1999 11:02:00 PM
From: Berney	Read Replies (1) \| Respond to of 11051

MG, Talk about "Whew"! After Mr. G's little gift, I put the Phleet in ALL. Friday, right before the close, I was uncomfortable with the euphoria and took the Phleet into port. Those 9K shares appreciated not getting shelled. Lo and Behold, I may reenter when the dust settles. I think that before you go on vacation you should short CMB at $91, WMT at $52, and IBM wherever it is. <g> Might pay for the vacation. Actually, I'm looking at some smaller stocks that I'll share with you later. As to F, I've done the chart analysis, but I'm sure you have as well. The weekly chart sure looks pretty. The biggie is that it is selling at a 20% premium to its highest PE over the last 5 years and this quarter's EPS are projected flat to last year. Now, next quarter looks great with a 22% year over year growth. May be ready when you get back from your vacation. In the meantime, I'm going to keep it on the radar screen to see if it goes back into that sweet trading range. BTW, You might also want to take a look at the EPS estimates for BBY. Last quarter they got a lot of mileage out of the prior year comparison. Doesn't look like they are going to get it this quarter; however, it's still a month in the future. Those 90 degree plus trend lines are tough to maintain. View from the Swamp TB