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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (11274)	4/6/2000 12:20:00 AM
From: LBstocks	Respond to of 35685

Merrill Lynch's TA on the NAZ and QCOM: Market Analysis (Don Kapetanakis) ? We believe that we have reached a potential support area in the NASDAQ in the near term that should hold, although a retest is not out of the question. We expect volatility ahead of us. In our view, the following names have held up well in technology: ? Two of the biggest momentum plays that have had strong trends are Apple (AAPL, $130 3/8, D-2-2-9), with good support at $114-115 level, and Cisco (CSCO, $72 1/8, B-1-1-9) with good support at $60-62 level, and are names we would stay with. ? Other stocks that have come out of basing formation with good support that we would hold are Molex (MOLXA, $39 1/2, B-2-1-7) with support at $35 level, Automatic Data Processing (AUD, $50 3/16) with good support at $47, Solectron (SLR, $48 1/8, B-1-1-9) reaffirming positive trend with support at $37, Qualcomm (QCOM, $141 1/4, C-3-1-9) holding good basing pattern, has not reaffirmed a positive trend but appears to be trying to break out with support at $120-122, Medquist (MEDQ, $31 7/8, D-1-1-9) appears to be breaking out, and Xerox (XRX, $25 1/2, B-3-2-7) which has a solid bottoming formation with support at $24-25.