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

To: j g cordes who wrote (25461)	3/4/2000 5:34:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 68399

Thread: I would like to get a read on the shareprice action in SNAP last week: quote.yahoo.com To the untrained eye, this looks bearish, higher in the morning and a steady trend down each day. But can this sort of pattern be a signal that there is shinanigans taking place. I do not know why anybody would bother to sell SNAP, when by nose smells an attractive buyout target in Synaptic. If the chart gives you fellas a whiff of something different, I'd like to hear about it. Also, where would you set a stop loss for shares bought at $13. I have not done well getting stopped out in the past, might be better to hold for a couple years if I have to--and I am in a position that I could do that. Thanks!

To: j g cordes who wrote (25461)	3/6/2000 1:28:00 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68399

Jim, I am still not see an indications of a crash just minor pullback to consolidate the gains, despite how extended the COMPX stocks look. The optical telecommunications conference, with the 1 gigahertz computer releases next week should help push the market higher. Here are some picks from a Fund manager. Stocks new to me: TIBX, UCOMA, BEAS, ASWX, WEBM, PSIOF ***************************** Message 13022007 And for him the theme of the year is software, as evidenced by the fund's top holdings. They include Ciena (CIEN: news, msgs), Oracle (ORCL: news, msgs), Tibco (TIBX: news, msgs), United GlobalCom (UCOMA: news, msgs), MRV Communications (MRVC: news, msgs), ST Microelectronics (STM: news, msgs), Global Crossing (GLBX: news, msgs), Cisco Systems (CSCO: news, msgs), AT&T (T: news, msgs), Cabletron (CS: news, msgs), Sun Microsystems (SUNW: news, msgs), and 3Com (COMS: news, msgs), a stock he is considering increasing on the strength of the Palm spinoff. See related story. Other large positions the fund holds include Intel (INTC: news, msgs) and Xilinx (XLNX: news, msgs), he said. Ellis reports that since last quarter, he's moved out of online retailing names and ramped up holdings in software, which he believes is driving business-to-business e-commerce. Another trend is that businesses are examining their systems and asking "what kind of software can they bring on top of it that will make all their other software work and yet allow them to communicate in the same standard with primary customers like GE," said Ellis. "That's what BEA (BEAS: news, msgs) and Active (ASWX: news, msgs) and WebMethods (WEBM: news, msgs) and Tibco are pretty much all about." Ellis expects Nokia (NOK: news, msgs) to continue its lead in the handheld device market. He also mentioned U.K. device maker Psion (PSIOF: news, msgs) for its development of pre-IPO wireless manufacturer Symbian, which he expects to be a "big, big deal" when it goes public. Texas Instruments' (TXN: news, msgs) recent announcement about technological advances in extending the battery life of its digital signal processing (DSP) chip also merits a look, he said. Paging companies have also expanded their reach, such as data paging firms RIM (RIMM: news, msgs) and BellSouth (BLS: news, msgs), he said, adding that "the companies that have the spectrum by which you can deliver that information are catching a lot of attention." *************************** Stocks new to me: TIBX, UCOMA, BEAS, ASWX, WEBM, PSIOF