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To: IQBAL LATIF who wrote (30863)	3/12/2000 10:00:00 PM
From: IQBAL LATIF	Respond to of 50167

Shaving it Close ... Friday, Mar. 10, 2000 10:20 PDT By Tom Nelson, America-iNvest.com Two minutes with Alan Farley, Hard Right Edge, Littleton, Colo. -- 12:45 p.m. EST America-iNvest.com: What?s going on with the markets today? Farley: Everybody is looking at Dow 10,000. Everything swings off of the Dow right now. America-iNvest.com: Traders are looking for confirmation from the Dow? That?s unusual. Farley: The Dow is the leader. If the blue chips have found the bottom, everything will go higher. There has been a lot of demand for the blue chips the last couple of days. Now we?re seeing a lot of back and forth with 10,000. I have a hard time believing that the Nasdaq is going to lead through 6,000. But if the Dow and the S&P do go higher, the Nasdaq can as well. I think the Nasdaq needs a little support. Technology can go only go so far by itself. It?s done a great job for the past couple of years. America-iNvest.com: Any Dow stocks you?re looking at? Farley: Gillette (G) looks like it is at a multi-year bottom. Some of the big pharmaceuticals look like they are trying to form a bottom as well. Schering-Plough (SGP) is one to watch. The Dow is looking for some leaders; these could be them. Microsoft (MSFT) is doing well, and that is helping the Dow. But some of the old crankers, the old industrials, have to show some leadership. America-iNvest.com: This is great to talk to someone who?s advocating trading Dow stocks. Usually it?s Nasdaq, Nasdaq, Nasdaq -- oh, and did I mention Nasdaq? Farley: Some of the Dow stocks are great to day trade if you catch them right. At the end of 1998 and beginning of 1999 I made my living day trading General Electric (GE). America-iNvest.com: When we talked recently at the Online Trading Expo in New York, you brought up some interesting points about technical trading and pattern failure. Could you get into that? Farley: It is not that the patterns don?t work, it is that when you play the patterns in the classic method you can get screwed. A head-and-shoulders neckline is a good example. Everybody knows about that. When one develops on a chart, it will crack a bit, bring in the sellers and then screw all of them. There are a lot of whipsaws in technical analysis right at the point when the crowd is going to enter. You have to wait out the crowd. The market will show its true face once the crowd is shaken out. America-iNvest.com: So how do you know when it?s safe to follow a pattern? Farley: There is a lot of noise out there right now that can distort patterns. Take a symmetrical triangle. The Nasdaq triangles every single day almost. One of the best trades now on a triangle is not to trade the breakout but to wait for either the failure or for the breakout to prove itself. Trade the action to the crowd?s reaction. Alan Farley is editor/publisher of Hard Right Edge, Littleton, Colo. He is currently authoring a book called Master Swing Trader, which will be published this fall by McGraw-Hill A point which everyone looks as a break point is not worth a sell or a buy, that's where my two days break or wait comes into play.. Ike

To: IQBAL LATIF who wrote (30863)	3/13/2000 7:05:00 PM
From: Sam Ferguson	1 Recommendation Read Replies (1) \| Respond to of 50167

How do you think Ericy financials will be if they lose the lawsuit with Harris and Interdigital over patent infringement? The Markman hearing against Ericy in the Harris case was decided in favor of Harris. Interdigital has had the patents in question revalidated in the past year and all briefs have been filed for Markmam hearing. On the surface it appears Ericy will have to settle both cases and this could run into multi-millions. Of course neither case is final and courts do not always let justice prevail. Since you are overseas I would like your opinion on this. Nokia has agreed they own the patents at Interdigital and for past infringement and hired IDC to develop 3G product for them.