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

To: Rande Is who wrote (13072)	10/2/1999 11:48:00 AM
From: DlphcOracl	Respond to of 57584

Investment ideas: Large cap tech stocks. With the near-correction, several good buying opportunities have opened up. While not exactly the most original idea(s), the following are worth looking at again: 1. MCI Worldcom (WCOM): After racing 40% in the first half of this year, the stock is now 28% off its YTD high of 97, now at 70 1/2. It, as well as AT&T have dropped because of public misunderstanding regarding the price war over long-distance rates. For WCOM, this is a loss-leader that accounts for less than 5% of its total revenue! An excellent analysis of this is on the MSN website under Jubak's Journal: moneycentral.msn.com. This remains a core holding in Gilder's telecom sphere and according to Salomon Smith Barney is looking at a growth rate of 28% per year over the next several years. This is a no-brainer if you are looking for a long-term core holding. Only caveat: the potential of a merger with Sprint. This is viewed unfavorably by the market because it will saddle WCOM with a long-distance telecom business well below its growth rate from its internet (UUNET)/fiber-optic business, in much the same way Qwest's unfortunate merger with US Worst (West) did. May want to watch this and see how it plays out. 2. Intel: Now 15% off its recent high, it is down because of misunderstanding over the Taiwan earthquake and how it will affect Intel's business (answer: it won't). Additionally, negative Barron's article this weekend may drive it down even further next week. Nice chance to load up on one of the few 800-lb. gorillas at a discount. 3. Microsoft: Recent Salomon Smith Barney research report on the software sector is quite positive. After 18 months of relative underperformance because of Y2K, money should begin to flow into this sector again. Poll of IT managers indicates strong pent-up demand for software products. Microsoft was, far and away, the greatest beneficiary in their discussions with IT honchos. Windows 2000 NT is poised to be a monster and Microsoft will have their strongest new product lineup in year 2000 in over five years. Other favorite from SSB: BMC Software. Finally, one might want to start nibbling on some IPO's that came out over the summer that had strong openings and are now well off their initial highs. Two recent purchases by Kevin Landis in his red-hot Tech Innovator Fund (up over 100% YTD) are Globespan (GSPN) and Packeteer (PKTR). Both are in the sweet spot of the internet infrastructure sector are may be ready to take off if the market begins to make a move. Food for thought. Hope you find some stocks worth nibbling at here.

To: Rande Is who wrote (13072)	10/2/1999 2:38:00 PM
From: Tummus1	Read Replies (1) \| Respond to of 57584

Rande Ahem... excuse me but before you and William break your arms patting yourselves on the back about being such great skeptics please remember that you're the ones who made authoratative statements about soaring cancer rates, your skin burning, the environment being destroyed, radioactive death clouds etc. I was the one who actually questioned these unsubstantiated proclaimations and I was the one who actually did the digging and research to get the real story. TW