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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (53060)6/5/2000 12:55:00 AM
From: 10K a day  Respond to of 99985
 
"They just started selling Naz stocks in Asia as well" >>>>>>

I'll say!! ... SoftBank just sold...(or filed..or something)....1.8 or 3.3 Million Yahoo!
cbs.marketwatch.com



To: American Spirit who wrote (53060)6/5/2000 1:15:00 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
AS,I'm in WCOM since 97,hovering between 10-50%,I this is my No1 long holding.During the Naz correction,I did use it as a good shelter and since the end of Mar,it was my only one long.WCOM can get a bust now,because probably UUNET will spin off soon.CSCO can go up,because of the China deal,
MSFT is cheap,but the future is still uncertain, SUNW can have another upside,if internets will hold and IBM will help,QCOM...be careful,because of MCOM competition and China deal...probably dead.
As a summary....maybe a fresh leg up on Nasdaq...
el



To: American Spirit who wrote (53060)6/5/2000 10:27:00 AM
From: Les H  Respond to of 99985
 
If you're bottom-fishing, CA is considerably less expensive than MSFT. It's only 12-13 times next year's EPS and their 'Y2K problems' should be over by the end of this quarter. It also has a bullish IHS formed. The only other questions raised were the acquisitions which were being raised about every acquirer about a month ago.