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To: Johnny Canuck who wrote (24374)	11/14/1999 9:15:00 PM
From: Suresh	Respond to of 69835

Hi Harry, did you know the steep drop during friday trading might have been partly caused by a mistaken trade by Bear Sterns trading desk ? According to one of the CNBC reports, they were supposed to sell 2Mil worth of QQQ but instead ended up selling 2Mil shares of QQQ. If dumping 300Mil worth could depress the market so much, I am not sure how much resolve buyers have in this market. In any case it is fun when I hear fund managers talking about stocks selling at just 2 times the growth cheap compared to the market since it is selling at 3 times the growth. I have heard all kinds of stories being told that considering cash flow SUNW should be worth 300 bucks/share etc... but no one seems to take ESOP in cash flow analysis. Trading purely based on TA has become the rage (sheep herd mentality) since charts are supposed to imply the underlying fundamentals.... but no one questions those fundamentals. I think I will forever be a trader in blue chips and never an investor. Later, Suresh

To: Johnny Canuck who wrote (24374)	11/15/1999 4:31:00 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69835

Narrow breadth of companies capable of SOC: techweb.com

To: Johnny Canuck who wrote (24374)	11/18/1999 3:26:00 AM
From: Johnny Canuck	Respond to of 69835

To: Tony Viola (92782 ) From: Ibexx Thursday, Nov 18 1999 1:00AM ET Reply # of 92790 Intel: Q4 Demand Beyond Its Supply Thursday November 18 12:42 AM ET Intel: Q4 Demand Beyond Its Supply By Eric Auchard NEW YORK (Reuters) - Intel Corp (NasdaqNM:INTC - news). said it has been seeing stronger than expected fourth-quarter demand for its computer chips and reiterated comments that it would have trouble filling orders beyond its existing commitments. ''We built for a seasonally strong fourth quarter,' Intel spokesman Michael Sullivan said. ''The reality is that it's stronger even than that,' he said, referring to demand outstripping the supply of chips manufactured at its plants. ''We are not able to meet some of the new upside requests from some additional customers at this point in time,' Sullivan said. ''Upside' is an industry term for additional sales demand that can lead to better-than-expected financial results. Shares of Santa Clara, Calif.-based Intel, the world's largest computer chip maker, and those of several of the largest personal computer makers that are its principal customers, fell back in active trading on Wednesday. Intel gave up 1-13/16 to 74-3/4. Dell Computer Corp (NasdaqNM:DELL - news)., the fast-growing PC maker that has perhaps the most riding on a dependable supply of chips, lost 1-15/16 to 39-3/4. Dell trades on the Nasdaq stock market. Sullivan was confirming remarks he made in a Wall Street Journal article published Wednesday, but stressed his comments repeated Intel's recent statements on PC demand and supply. ''There really is nothing new here,' Sullivan said. ''We have been talking for a while about how there's very high demand across our PC-related product lines.' He said Santa Clara, Calif.-based Intel had signaled in October during its third-quarter earnings report that it expected a seasonally strong fourth-quarter, up from the $7.3 billion in revenues the company reported in the third-quarter. PaineWebber analyst John Lazlo reiterated his buy recommendation to clients Wednesday afternoon.'This is not surprising, as the company stated it would have to scramble to meet better-than-expected demand early in the current quarter,' he said. While some of Intel's PC customers might see delays in shipping some existing orders, all existing orders would be filled within the quarter, the spokesman said. Supply constraints would limit any further ''upside' or added sales beyond previously contracted commitments of both Pentium and Celeron processors, as well as chipsets the company sells that come with pre-assembled memory chips, he said. ''It will work itself out as we continue to ramp up to meet demand,' Sullivan said, noting that the company had four fabrication plants that would pump out millions of Intel's state-of-the-art 0.18 micron Pentium chips this quarter. A fifth plant will be ready in the first quarter, he said. Other PC makers also slipped, including International Business Machines Corp (NYSE:IBM - news)., which gave up 1-1/2 to 93, and Unisys Corp (NYSE:UIS - news)., a maker of high-end PCs, was off 1-1/4 at 24-13/16. Gateway Inc (NYSE:GTW - news). fell the most, dropping 4-3/8 to 78 at the close, but volume was lighter than usual. All three trade on the New York Stock Exchange. Defying the selling pressure were Hewlett-Packard Co (NYSE:HWP - news)., which was set to report fourth-quarter earnings after the regular session close of trading on Wednesday. It was up 1-7/16 to 77-7/16 on the New York Stock Exchange. Compaq Computer Corp (NYSE:CPQ - news). also defied the trend, gaining 1-11/16 to close at 23-3/8, and was the most heavily traded issue on the NYSE. Earlier Wednesday, Compaq introduced its first supercomputer using its Alpha line of microprocessors, moving the company into the market for machines that crunch some of the toughest scientific and commercial problems. In addition, Compaq issued an advisory saying it planned to hold a news conference on Thursday morning with a ''leading global communications and solutions provider' to announce details of a groundbreaking pact aimed at a high-growth segment of the information technology marketplace. Senior executives from both Compaq and the second company would participate. A spokesman was not immediately available to comment. _____ Ibexx