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

To: IQBAL LATIF who wrote (27582)	7/15/1999 12:27:00 PM
From: Colin Thorpe	Read Replies (1) \| Respond to of 50167

IKE: recently found your boards. Am fairly new to doing my own trades, would you be so kind as to clarify your post re NETA & 'jag'? Currently up on spec of buy out(I have read). I have held this stock from 50's and have averaged down when it hit various levels going down. sold some 11's @ 16 but still need low 30's to break even on this mess. prepared to sell balance of shares at loss if prospects not good for recovery to that level. This is a wonderful board for a green person. Many Many thanks. Colin

To: IQBAL LATIF who wrote (27582)	7/15/1999 12:28:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

I will just do that below 532 on DOT... but not before.... Frederick W. Moran Managing director media and communications stock research Education: B.S. The Wharton School of Finance and Commerce, Lighten Up On Internets Bob Morrow, Principal, Robert S. Morrow Institutional Advisory Service By K.C. Grainger Bob Morrow, an institutional advisor who utilizes market timing, counsels some of the largest financial institutions in the world. Using his mathematics-based analysis, Mr. Morrow, principal of Robert S. Morrow Institutional Advisory Service, has made a number of astonishingly accurate market calls since 1980. So what does he see happening in the market for Internet stocks? For the general market he forecasts no more than a possible 5% to 6% market upside, to be followed by corrections of 13% to 14% for the S&P 500 and 23% to 26% for the Nasdaq. He thinks Internet stocks could fare much worse in the coming months. He is expecting a very sharp correction in the general market over the next quarter, and believes that Internet stocks could be severely impacted. He said that while AMERICA ONLINE (AOL) and YAHOO! (YHOO) are positive technically, it's too late to jump on their bandwagon. He sees perilous declines ahead for AMERICA ONLINE, which he forecasts could sink to $90. YAHOO! he sees falling to $120. He believes that both should be sold. LUCENT TECHNOLOGIES (LU) and MICROSOFT (MSFT) are also strong technically, Mr. Morrow said, but should be sold into any rallies. He expects LUCENT TECHNOLOGIES to go to $56 – or less – and he expects MICROSOFT to go to $75 or lower. He recommends selling into strength. He also noted that other sell-into-strength candidates include FIRST DATA (FDC), AMERITECH (AIT), CISCO SYSTEMS (CSCO), NOVELL (NOVL) and SUN MICROSYSTEMS (SUNW), all of which are facing declines of at least 23%. He counseled not to fight the oncoming decline by hanging on or trying to grab that last 6% upside He advised avoiding the minimum 23%-26% correction by selling now.