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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: el paradisio who wrote (6220)	4/4/2000 5:25:00 PM
From: el paradisio	Read Replies (1) \| Respond to of 11568

TO ALL,I would not be surprised to see WCOM open tomorrow at 45 and trying once again to brake the barrier of 46. The most probable trading range for tomorrow is 45-46 1/4. Because of high market volatility,we can expect bigger swing like today.WCOM is still in bullish territory. As concern $NDX,according to my view it is still negative. Today's drop to 3525 was bearish,but fortunately it recover to my predicted bottom of 3900 and closing is above 4000. It is possible that $NDX will open tomorrow much higher but I expect resistance around 4320 area. DOW is still bullish- neutral and is facing resistance at 11,400. I think ,tomorrow should be an "up" day in overall markets. El Paradisio

To: el paradisio who wrote (6220)	4/4/2000 5:48:00 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 11568

OT, re MSFT: I'm not sure I understand your question. The news says that the government has decided not to try to break up MSFT, so now they are just negotiating what restrictions will be placed on the company's business practices. There will be major restrictions placed on them, but it's going to take at least another 12 months before a clear picture emerges of exactly what the restrictions will be. So, we still have an extended period of uncertainty in front of us. Uncertainty equals buying opportunities. Also, the techs are still way overvalued, in historical terms, using traditional valuation yardsticks, (which we are all going to start using again). So I'm not buying MSFT yet. But at some point this year, I probably will. After the settlement, the company will still have the largest pool of software-writing and software-selling talent on the planet. And it will still have a management team without peer. That is worth owning. But I'm in no hurry.