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To: RocketMan who wrote (11337)4/11/2000 6:00:00 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 19374
 
FWIW

Tuesday April 11, 2000

This is The Wall Street Digest Hotline Update for Tuesday, April 11th at
6 p.m.

Motorola reported earnings that were below expectations and triggered a
technology sell-off.

The Nasdaq fell 132 points, while the Dow gained 100 points. Numerous
brokerage companies are telling clients to lighten up on the
Internet/Technology stocks while recommending old economy stocks and the
financials. That is bad advice.

Earnings in the Technology sector will be above expectations.
Consequently, the Internet/ Technology stocks are on sale.

The current correction may or may not eliminate the need for future
interest rate increases by the Fed. Greenspan was targeting the U.S.
stock market with his previous rate increases.

You should aggressively accumulate the following stocks. They represent
the best of the Internet/Technology stocks and they are consequently the
new economy stocks of the future.

Legend Holdings LGHLY
Applied Micro Circuits AMCC
EMC EMC
Cisco CSCO
JDS Uniphase JDSU
Applied Materials AMAT
Cypress Semiconductor CY
Oracle ORCL
Teradyne TER

Hold all of our currently recommended stocks.

The next hotline update will be Friday, April 14th at 6 p.m. Eastern.