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To: BigBull who wrote (65238)	4/25/2000 1:23:00 PM
From: Jeffrey Beckman	Respond to of 95453

XOM beats estimates. Long live the King.

To: BigBull who wrote (65238)	4/25/2000 4:43:00 PM
From: SliderOnTheBlack	Read Replies (4) \| Respond to of 95453

Bullsky re: <...abandoned us and chasing tech ? > Yup ! ...I bought all the right companies at the right time - in early 1998 right at the exact turn for the internet stocks. Bought all the right tech names in October 1998 after the great market blow off. ...but; sold them all - way, way, way too soon and missed the entire internet/tech explosion over the last two years. That is not happening again (VBG) ~ Yes; I am chasing tech hard & heavy and have never done so well. Reading & researching to 2 am each day - feel like I'm "cramming" for a final again. Actually; I've played it safe with companies with real products & real earnings - along with a couple of new cutting edge companies (PKTR). The bulk of my "tech" play - over 50%; went into telco/cable/wireless - those who are building/designing & own the "pipes" for the new economy.... ie: GBLX LVLT CWP WCOM PRTL VYTL and bought Paul Allen's Cable/iNet/Telco play RCNC today on its weakness. Don't even want to talk about some of the gains (NTAP VTSS CMGI RFMD etc) - wouldn't be fair to Postal, or Sarge (VBG); but, as everyone has seen there have been some unbelieveable moves off these low's. I am still positive that the bottom is in the NASDQ and that we will see NASDQ 5000 again by year end. We are still only in the 2nd, or 3rd inning of the internet/broadband - new technology boom, but some companies like e-tailer.coms and even legitimate companies who reached multiples exceeding any prior valuation metric for their projected revenue, let alone their projected earnings 4-5 years out; those companies & value's are not coming back. But the semi conducter, storage, select software and the telco/cable/wireless stocks have and are. Wow... talk about action. I thought we had volatility in the OSX compared to the overall market. Stocks like NTAP - a core niche leader - popped 50% off their intra-day lows from yesterday - with leverage there have been gains (but, not without risk) that are heady indeed.... Curious; as we are supposed to get some builds in the API's tonight - if we keep creeping up to and over 300 M boe in storage - watch out folks... the single most important early warning indicator for crude prices here is that storage number - a trend thru & over 300M boe will bring back a deja-vu feeling of April-May 1998 where everything seemed so good, then the OSX just sold off in anticipation of what Crude Oil would ultimately do - and in retrospect, that storage number was THE indicator. Dont see that happening here at this time, but the trend thru 300 M boe is worthy of fearing....and we keep inching closer... Back to techland ~ just might be able to bring some nice profits back to do some more shopping here; but I am going to keep permanent exposure to the internet, cable,wireless & overall tech sector. Simply too much innovation, growth and earnings not too.