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Technology Stocks : LHSP: Lernout En Hauspie -- Ignore unavailable to you. Want to Upgrade?

To: xdimitri who wrote (2120)	4/15/2000 12:20:00 PM
From: cdtejuan	Read Replies (1) \| Respond to of 2467

shortsleavewhileyoucan , I agree with you. LHSP is one of the stocks that have been loosing rel. few % compared to other stocks. IMO this shows some inner strength and will make LHSP one of the first winners once the general panic selloff will stop. Right now the market punishes every stock,as far as I see. I think weïll see a final collapse and capitulation of the Nasdaq next week. Actually I donït believe that the market will see a first rebound on Monday, but the chance is that this scenario may happen Tuesday for example if the naz has seen another final collapse hitting the 2900 support (dreaming...) with another spike low. This spike low could bring a temporary climax in selling pressure, and finally we should see some momentum traders and value pickers stepping in the breach. I think this slide will have a short term end soon. I expect the naz to hit 2850 next week, then we might see a technical bounce back to the mid 3kïs, and then a slide to 2600, building the final bottom. As for LHSP. I sold my LHSP position completely but to premature more than 2 weeks ago at 103, fearing a Head and Shoulders pattern. The dragon news made me regret this immediately, but I "knew" (LOL) this gap (98-103) would be filled. I will buy back lhsp for sure. It will depend on the markets character when and where... graph.clearstation.com With my naz scenario from above I might rebuy a part of my position Tuesday around the (weak support of $ 85), the worst scenario might be a slide to the support of $60, which I would hate as it would be a sign that the market would have changed in deep, and too the chances for prices above $100 for the next months. BTW, when are earnings? Is the split date already announced? I think it might be cancelled due to the markets. Best wishes, and I hope this horror (I would be very happy if my other stocks has been as strong as LHSP) will finally end. Juan