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

To: stock bull who wrote (1492)	4/16/2000 1:45:00 AM
From: James Burke	Read Replies (1) \| Respond to of 1648

I think these past two weeks have killed consumer confidence. Many I talked to lost a lot of money in just the past 10 days. They're canceling travel plans, new purchases, stopped looking for new homes, etc. This will have a real effect I believe on how the Fed proceeds. Let's hope the bleeding stops Monday. I'd like to think that we can get back to upper 4000s or possible 5000 by year end. Many are saying 3000 is next support and 2800 after that. I'd love to see 3300 hold and then a nice basing period. Hearing so much bad talk this weekend about Monday that I'm worried about hitting that 2800 mark. Well, time will tell. With regards to TKLC, what's scaring me is if they miss revs or earnings then we are headed back to the teens. Any thoughts on how and when we'll get back to 50? Keep the faith - JB