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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (33083)	9/14/2000 4:06:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

I got into this based on cobot and would go out if he says so..<<September 12, 2000 ISW Sell Bulletin Today we are recommending the sale of the rest of your SDL (SDLI) shares. The stock has weakened markedly since the current correction began, due in large part to JDS Uniphase's (JDSU) weakness. While we have little reason to believe business at either JDS Uniphase or SDL is anything but fantastic, the poor performance of each stock is telling us that perception is changing. On July 27, we said to sell half of your SDL shares, locking in a profit of around 190% since our initial recommendation. Now it's time to sell the second half of your position for a profit of around 135%. Separately, the Internet Index finished down five points today, which places it eight points below its 50-day moving average. In our opinion, this is not a decisive break of the moving average, and thus Cabot's i-TIMER remains positive. In fact, this selloff appears relatively normal, as the uptrend that began in May remains intact. Regardless of what happens with the i-TIMER in the days ahead, you should be focusing on your stocks. Be sure to cut your losses short, hold on tightly to your strong stocks and sell those winners that are losing their sponsorship. So you should remain bullish in regard to Internet stocks. This correction probably has further to go before it ends. But focusing on the longer-term uptrend (and hence staying heavily invested in strong Internet stocks) is your best course of action. There are no other changes in our ratings.>>