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Technology Stocks : Walt Disney -- Ignore unavailable to you. Want to Upgrade?

To: S. M. SAIFEE who wrote (1778)	7/23/1999 10:18:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 2222

S M --- ALL can go down a bit more. No reason to buy it. Try looking at a few LIFE cos. Their rates are about to rise and you should see some consolidation soon. CPQ has a long way up to go with little downside. With the news in HK DIS should be above 27 support. The revs are dropping like a stone in a GREAT economy. What will happen during a slow period. I like the stock but feel if it does not rise above or to 27 Mon it is not worth keeping. The indications are financials will be worse if it cannot hold that low spot. Same with COMS. Eric cannot lead a bird out of a paper bag. It should have little downside from here but has very limited upside unless bought out. 30/32 and it retreats right back to the mid 20s. It only went to 29 last time and I got stuck holding for the next run. It is only good for a trading issue until Eric goes or pieces are bought. Some pieces could not be given away... yet the pieces are worth much more than the whole..