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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?


To: Robert Scott who wrote (1712)5/17/2000 12:02:00 PM
From: Ram Seetharaman  Read Replies (1) | Respond to of 2882
 
Market is negative, but most stocks are down a picayune on low volume. They can cry interest rate jitters for only so long! We may get a boost from good earnings again in JULY, which is only six weeks away. The other thing is, if stocks keep heading lower, long-term bond yields will go down, which is good for the economy and should again lift tech. stocks higher!

Only one thing is for sure - companies that warn of earnings and those which earn even a percent less are going to get whacked, as did PMTC, XICO etc. Looks like ADI will double for sure from these levels, since it is looking mighty good and strong!