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To: scott bye who wrote (8947)10/17/1999 11:24:00 AM
From: Sly_  Respond to of 13953
 
<K> Swami, what evidence or proof or crystal ball or hormone or hard on or sixth sense or tomorrows newspaper or vision or facts or premises or apparition or dream or image or phantasm or hallucination or illusion or manifestation or perception or imagination or conception or whatever.... do you bring to the table to substantiate your claim

" Hate to break it to you guys but we are heading way lower on tuesday OCt 19. Hold on for a long drop.

Please feel free to elaborate. We would not want to think you were without credibility.

Sly_




To: scott bye who wrote (8947)10/17/1999 1:09:00 PM
From: Lizzie Tudor  Respond to of 13953
 
I agree it looks bad here for the OLBs thanks to mkt conditions... unfortunate since the good ones were pretty much poised to turn after good (relative) earnings #'s.

However its a tough read because the entire sector is so beaten already and fundamentals are improving vs. declining now across the board. Nite in some ways is the worst off and most of the Clearstation posts from this weekend are long or short covering... the risk/reward just isn't there for the downside in these stocks now. And of course when things do recover, the financials will lead like they always do so the group will probably piggyback off of that. I'm stuck now with this one but I think the recent lows will probably hold (21) and upon mkt recovery egrp will bounce back.

Msft's numbers on Tuesday worry me a little, fwiw.