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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: nokomis who wrote (71281)11/13/1999 8:23:00 PM
From: SMALL FRY  Read Replies (2) | Respond to of 120523
 
<VBG> Okay, okay! So you're right I still got a full head of hair... you didn't have to make fun of it!

Seriously... IMO the broadband issues like COVD, NPNT, etc does not appear to be affected by the upcoming FOMC meeting because of the more important FCC decision coming up on the 18th. The smart money and most in Wall St appear to have already decided where this decision will sway and have placed huge bets on this fact, ignoring the looming interest rate question altogether... possibly due to the belief that the Greenspan factor have already been accounted for in the market valuation.

So what does this mean? It may mean that Lee is not too late yet... because the broadband companies may still remain Hot until the FCC ruling comes up... then it will be a toss up whether the bettors sell on the news or the way around. I suppose it all depends on the verbage...

Just my .02,
SF