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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (1198)	6/3/2000 5:36:00 PM
From: John Pitera	Respond to of 2850

Tom, I hear what you are saying about RNWK. the fact that it is as weak as it is indicates that it may not be in the same league as a SUNW, or BRCM or JNPR is: It went way below it's 200 DMA and has been under it since late March. It had the second sell off in may down to the double bottom in the low 30's. Strong stocks have not done that typically. In terms of profitability, they just don't have the earnings visability that the market wants now. Also they are not the only player in this area, and boy is the technology changing quickly, as may the key players. I have been disappointed in it's price action since the start of May. thanks for your thoughts. John