To: jam2000 who wrote (54557 ) 12/31/1999 12:33:00 AM From: DO$Kapital Respond to of 108040
Fun's over for now, time for some info from the LION: Stock Market Commentary - 12/30/99 <<MARKETS Stocks showed modest declines on Thursday with the DOW down 31 points and the NASDAQ off 4 points. Volume was the lowest of the year, eclipsing even the "dog days of summer". With professional traders closing up their books for the year there were few individuals left to speculate. A half-day of trading on Friday could prove uneventful, while Monday is expected to offer exceptional opportunities on high volume and greater volatility. With major market participants on vacation, any news-driven item could create tremendous volatility on individual issues. We stress trading issues that have the most momentum in order to create maximum profit opportunities with manageable risks. Traders should pay attention to the B2B, optical networking, and Internet incubator sectors; stocks such as ICGE, QCOM, CMGI to gauge sector momentum. The stock market opens half-day on Friday from 9:30pm to 1:00pm eastern time............. STOCK ALERTS B2B took a back seat on Thursday. Profit-takers knocked down stocks such as Elcom International (ELCO), Ariba (ARBA), and Commerce One (CMRC). Wireless-related stocks such as IFR Systems (IFRS), and Orbit/FR (ORFR) were strong, following the lead of tech behemoth Qualcomm (QCOM). We think that IFRS with its strategic wireless-testing technology deal with Qualcomm (QCOM) is a real bargain at $7. On top of that, we also think Symmetricom (SYMM) with CDMA syncronization product development deals with Qualcomm could also benefit from Qualcomm's recent bull-raid on Wall-Street following Wednesday's $150 rise to $659.>>>>>