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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (30734)	2/17/2000 11:55:00 AM
From: Lee	Read Replies (1) \| Respond to of 50167

Hi Ike,..Re:.if 4500 is taken out on Comp I expect new buying to usher, if you look at this chart If you are meaning to use the COMP chart, here is the 60 minute which shows the gaps. <g> charts-d.quote.com:443/950805523073?User=demo&Pswd=demo&DataType=GIF&Symbol=COMPX&Interval=60&Ht=400&Wd=600&Display=2&Study=EMA&Param1=50&Param2=0&Param3=&FontSize=10 COMP - 60 min Also NDX chart. charts-d.quote.com:443/950805324788?User=demo&Pswd=demo&DataType=GIF&Symbol=NDX.X&Interval=60&Ht=400&Wd=600&Display=2&Study=EMA&Param1=50&Param2=0&Param3=&FontSize=10 60 min - NDX How do we reconcile the NAPM and Philly Fed prices paid components with the overall PPI? <gg> Is something fishy here? <g> Best, Lee

To: IQBAL LATIF who wrote (30734)	2/21/2000 4:48:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

The double close did not materialise we are now in a different band of 1392 to 1342 if we break that lower support we go as low as 1290, Brka looks good in a falling market may be above 50000 the market thinks that its 35 billion in cash will provide him to purchase distressed securities or he has inherent advantage, DOW 10000 is the next objective and we will hit that if 1342 is taken out albeit a inter day thing. <<if 4500 is taken out comprehensively on two closing basis my target on Comp will be 4780 area... on DOW 10500 should hold for this target we cannot see DOW moving lower as Comp tries to make a new high.>> We did not hold that double close above 4500 and DOW kept weakeking finally in the last hour even tech oriented sectors gave up, more weakening is expected if DOW is unable to hold supports now 10500 will be serious resistance if we have second close elow that, S&P will try to test lower supports and fill lower gaps 1320 area if 1342 is out..

To: IQBAL LATIF who wrote (30734)	2/22/2000 1:07:00 PM
From: IQBAL LATIF	Respond to of 50167

1342 should hold today if not we may see further test of lows but I think that the double close below 1342 may not materialise, look at JNJ JPM MRK GE crucified very nicely, AG would like to see some air out of the IIX or DOT instead of the broad economy stocks, I think that potential of 1290 is distant but 1320 is doable however if we hold this 1342 we move to 1392 resistance to see if this move my have legs otherwise 1392 failure will take us through the 1320 in next few weeks.. On my idea.. Transamerica Premier Equity's Tech Favorites Associate Editor: Len Hollie (2/22/00) Jeff Van Harte, manager of the $300 million Transamerica Premier Equity Fund (NASDAQ:TEQUX - news) says that the recent volatility in the technology sector doesn't faze him. It's to be expected But he does admit that he has taken some of his technology stock profits off table after three good years of growth. The fund now has 62% of its assets in the technology sector. “We're not taking money off the table because of volatility, but because valuations are higher and margins were bigger and we see other opportunities that we want to take advantage of, such as in the mid cap sector,” says Van Harte, who also manages about $5 billion for Transamerica. “Our traditional thought process on volatility is that it is not necessarily an indicator of risk in terms of what is the probability of loss of your initial investment,” he says. “We're always looking for more mundane businesses that can apply and use technology to its advantage.” Through February 17, the fund was up 3%, after returning 33.3% in 1999; 33.8% in 1998; and 47.5% in 1997. Van Harte says he doesn't see the market broadening beyond its focus on technology on technology and growth stocks, despite the recent upturn on small cap stocks. The fact that the small cap laden Russell 2000 index, which has returned 10.63% through Thursday, has outperformed the S&P 500 Index, which is down 5.51% during the same period, does not persuade him. “I don't see the market broadening out to such sectors as manufacturing, commodities or utilities,” notes Van Harte. “Those sectors have been around for a long time, but they're really not the true growth drivers of the economy. But from time to time, they have their moments in the sun.” Van Harte, however does believe that the technology sector is broadening because the Internet has spawned so many different applications and platforms. “The way I see technology now is that it is finding new platforms and functionality. As much as we've liked our big cap holdings like Microsoft (NASDAQ:MSFT - news) and Cisco (NASDAQ:CSCO - news) , we see other areas that are likewise going to be big in the future. So, we've been trimming some of those in order to take advantage of some of the new ideas we see in the market,” Van Harte says. Van Harte says he sees growth opportunity in the wireless sector and he made three purchases in the fourth quarter: Vodafone Airtouch PLC (NYSE:VOD - news) , the UK-based giant is the world's largest mobile telecommunications company, and it operates in 23 countries and has almost 28 million customers. The company recently concluded its 2 ½-month, $181 billion hostile takeover of German telecom Mannesmann (NASDAQ:MNNSY - news) . Qualcomm Inc. (NASDAQ:QCOM - news) , which provides digital wireless communications products, applications and services based on its Code Division Multiple Access (CDMA) technology. “Qualcomm has wireless modems that will work at 2.4 megabits per second, which is exponentially faster than the fastest landline,” says Van Harte. “What we will need to see is that in order for CDMA to proliferate, we will need to the kinds of base stations that can handle that kind of speed and those kinds of data transmissions,” he adds. CDMA is a 'spread spectrum' technology that it spreads the information contained in a particular signal of interest over a much greater bandwidth than the original signal. RF Micro Devices (NASDAQ:RFMD - news) , which designs, develops, manufactures and markets proprietary radio frequency integrated circuits, or RFICs, for wireless communications applications such as cellular and personal communication services, cordless telephones, and wireless local area networks. “Their chips allow you to get a cleaner feed and less battery usage. We think RF Micro is really the leader there. We see it developing as a mini-Intel in that space,” says Van Harte. “This is what I mean by broadening. Where was RF Micro five years ago?” Van Harte believes wireless technology is riding higher now. “Through the creation of the Internet we are getting away from the desktop and getting information in a wireless form,” he says. Bottom Line: The Transamerica Premier Equity fund is making a bet on wireless applications as the best engine for growth, and it has corralled a number of the best names in that space to aid the fund's advance. --------------------------------------------------------------------------------