To: Electric who wrote (25829 ) 7/23/2000 8:47:21 PM From: Lee Lichterman III Read Replies (1) | Respond to of 42787 >>I like JDSU, I really like how it bounced back quick after the SDLI announcment. They are going to be very strong after/if the merger is done.<< JDSU was in a death spiral making low highs and lower lows until the SPX addition saved it. That is pretty clear in the chart. I wouldn't call that a strong stock, just a lucky one. <ggg> You need to update your profile since I thought we would get that gold game in and now you are on the other side of the country. What's the matter, the whistle pig holes get to be too challenging? ( For those not in the west, Whistle pigs are like minature Prarie dogs/Ground hogs that like golf courses and steal your golf balls ) I spent all weekend trying to figure out HLIT, ORCL and a few others and I still think we get a small pop up but that it will prove to be a suckers rally and we are going down but only time will tell in hind sight. The leadership is gone. Only SUNW and EMC remain. ORCL has slowing database sales, MSFT is cooked with 9% growth and a breakup looming. IBM had a better than the worst fears release but negative revenue growth can only allow the rally to go so far. I think the DOW brick and mortars may have the best chances since the down side is more limited. Many of these despite the higher oil costs sqeezing tehm a bit already have PEs in single digits yet are posting bigger growth than the techs with triple digits PEs now. I mean look at NT which reports this week. Expectations are for a whopping 7% growth on 15 cents anda market cap twice MRK, TXN, T, etc. Heck DD is expected to show 14% growth on a PE of 6 and is only half the market cap. It is also showing over sold just prior to earnings release so I would rather be there than some high flyer that has more downside short term than up BWDIK. ORCL seems strong so far as it just seems to be consolidating and possibly building a base here in the 75 area so I was considering a shot there but it just doesn't appear lined up right. Same with most others big techs. As I posted Friday or Saturday morning, I have weekly sell signals on almost everything except the DOW so I am thinking any rally will be short lived and the over all trend is down until the Fed is done. Note how the Semi equips died and the Semi themselves are now hinting at following them down. Usually it is only a matter of time until the rest of tech land follows suit. Regardless, If you head out west again, bring your clubs and I will give you a good laugh. I haven't been on the links all year but I finally got my knee fixed so at least I can give it a whirl now. A little comic relief never hurt. Good Luck, Lee