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To: Boplicity who wrote (2783)6/29/2000 2:54:00 PM
From: Boplicity  Respond to of 13572
 
Salomon Smith Barney does not like the old high-tech companies, down grades IBM, CSCO, NOK on a technical bases...., now if they said CSCO on valuation terms that would make me wonder about the whole market. If it become accepted that CSCO, ORCL, SUNW are all over valued, where will the market find leadership? Where will all the money that is pouring in the market end up? I'm way more concern about valuation then technical reason, in fact I find it surpising a large house like that would site technicals as a reason for a downgrade.

greg



To: Boplicity who wrote (2783)6/29/2000 3:19:00 PM
From: Boplicity  Read Replies (1) | Respond to of 13572
 
Others are beginning to see that VRSN has tested and rebounded from support, very easy to see when that happens when a stock moves like VRSN is moving in the market like we are having today, I added again. Now I wish I could be around for the break out above 196, first there is resistance at 185 to get through. Click on the one day chart notice how the vol. dec when it goes down, and inc. as it starts to go up. INvestors want VRSN, at least today they do. <g>

Greg