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

To: eichler who wrote (56367)	7/11/2000 9:12:42 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 99985

Another software downgrade....in france this time..... add them to CA, bmcs, compuware, ifmx... and others..... there's a growing trend here to support a negative outlook.... add a crack in chips, slowing infrastructure (if we get it) and little else.... and you have very little left to support pricing across the nasdaq for the next half year outlook........ RESEARCH ALERT-Merrill cuts Bull <BULP.PA> LONDON, July 11 (Reuters) - Merrill Lynch said on Tuesday it had cut its intermediate-term rating of French computer group Bull to "accumulate" from "buy." The bank said in a research note it was cutting the stock's earnings per share forecast to 0.18 euro for 2000 from 0.37 euro, and its forecast for 2001 was reduced to 0.43 euro from 0.80 euro. Bull shares were trading down more than two percent at 8.69 euro at 1233 GMT. The note said recent profits warnings from U.S. computers services supplier Unisys <UIS.N> and U.S. business software maker Computer Associates <CA.N> had hinted at bad trading conditions. "Services are likely to struggle as trading conditions deteriorate across the industry," it said.

To: eichler who wrote (56367)	7/11/2000 9:17:05 AM
From: Saulamanca	Read Replies (1) \| Respond to of 99985

Trading is like playing poker. Everyone at the table is out to take your money. The person with the biggest bankroll has an advantage. There is a fair amount of bluffing... If you can`t figure out who the patsy is.....it`s probably you. --Jim