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Technology Stocks : F5 Networks, Inc. (FFIV) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Kim who wrote (968)5/14/2000 11:38:00 PM
From: Techplayer  Read Replies (1) | Respond to of 1801
 
Michael, I am not certain. I actually sold some FFIV (1/4 of my shares) Friday AM expecting the afternoon downdraft. I would like to see a short dip to 30 or slightly lower for re-entry. as for the rate hike, I like that Greenspan is slow and methodical, but I was just reading that since the market is expecting 50 bp, the Fed is less likely to turn away such a gift. also, oil is concerning me since it is trading at the top of the 22-28 dollar band established by OPEC. that means higher prices at the pumps for the summer rush and higher inflationary numbers..and Greenspan knows this. I don't expect a tremendous rally but I do see FFIV at better than 35 in the short term (at least I hope so).

tp