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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (24352)	11/11/1999 1:35:00 PM
From: Johnny Canuck	Respond to of 70146

To: IQBAL LATIF who wrote (29661) From: Ray Smith Thursday, Nov 11 1999 6:38AM ET Reply # of 29674 Ike: Thank you for your kind words. Regarding P & F. All indicators are positive, in "X's" meaning that, DEMAND is outstripping SUPPLY "0's". These are the two things that we focus on. All short term indicators, AS WELL AS, the big daddy, long term indicator, the NYSEBP are all positive. In addition, many SECTORS are now turning positive. In P & F we look for strong stocks in strong sectors, when we long. There are many buys right now. Tom Dorsey notes bullish triangles on 3 this a.m. on his site. Qwest is the one I remember. But some double top "buys" are SUNW, CSCO, INTC, CPTH, EMC,EXTR,GMST. As you know Ike, P & F does not address fundamentals so homework is required there. Also, for anyone who is reading this and who is unfamiliar with P & F, it is often wise to wait for a pullback on strong stocks for optimum entry. Or as Judy would say "proper entry"-God I miss her- and now Jerry disappeared what is going on? Probably retired to some Caribbean Island with all stock profits. <GGG> Don't you ever disappear on us Ike. We know where you live.<GGGG> Hope this has been of some use, Ray

To: Johnny Canuck who wrote (24352)	11/11/1999 1:58:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70146

Reminder, research MCOM suppliers: From Briefing.com and AEA: Metricom (MCOM) got a lot of attention early in the summer when they announced that Paul Allen's Vulcan Ventures and MCI/WorldCom would be investing a total of $600 million for 70% of the company, to finance the rollout of the Ricochet wireless system nationally. The remarkable thing, however, disclosed at Metricom's presentation, is that $600 million is nowhere near enough to accomplish the plan. An additional $950 million will be needed, to be raised in an as yet undetermined mix of equity and debt. The rollout of Ricochet nationally is expected to be completed by mid-2001. That's just 18 months from now. And as soon as the money comes in, they plan to spend it. One point five billion. In 18 months. Forget about Metricom's business plan. We plan to figure out who Metricom's component suppliers are.