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

To: IQBAL LATIF who wrote (34177)	10/4/2000 10:19:40 AM
From: IQBAL LATIF	Respond to of 50167

<<LOOK FOR THE “TI INSIDE” by Don Sherwood On Monday, Texas Instruments (TXN, $49) announced a collaboration with Advanced Micro Devices (AMD, $24) to develop an advanced architecture for AMD's flash memory devices and TXN's digital signal processors based on Open Multimedia Application Platform (OMAP), which will potentially allow TI to extend its influence over the design of cell phones and other wireless devices. Nokia (NOK, $41), Ericsson (ERICY, $15) and Sony (SNE, $97) have said they will adopt OMAP recommendations for cell phones, while TI will work with Handspring to promote the architecture for add-on devices for the Visor handheld computer. Both Intel and Motorola are promoting similar, competing architectural blueprints. Adding flash memory to OMAP cuts out one more layer of independent product development, as virtually all of these devices contain flash memory. Besides cutting out some design tasks, TI's specifications also reduce costs by shrinking board space. Under the guidelines, flash memory and the main microprocessors will be stacked on top of each other in the same package, rather than sitting side-by-side. TI finished the day up $2.50 to $50 on the news despite a NASDAQ loss of 104 points. COMMENT: To borrow a well-known phrase, we think that pretty soon your handset or PDA will say “TI inside”. In a previous article we discussed the fact that the burgeoning wireless semiconductor business is projected to increase at a compound annual growth rate of 40% through 2004. TI is clearly positioning itself to be a major player in the industry’s future (and it already is in the present) with a recent acquisition of Dot Wireless, a CDMA baseband technology start-up that enables TI to expand into the wireless handset market. And now TI is making significant strategic alliances to embed its technology in all wireless devices. TI’s forward PE is about 39, even after today’s move. The consensus long-term growth projection for this company is 24%, which we think is a bit conservative (some analysts say as high as 45%). The all-time high on TI is $99, which was reached just before the March market swoon. If analysts revised long-term growth rate assumptions to 30%, then a retest of these highs is very likely. We expect healthy earnings to lead to analyst upgrades during 4Q, and this will ultimately give a boost to the share price. If you are looking for a large cap stock with major upside, think “TI inside”. = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = 2. MERRILL LYNCH SET TO OFFER WIRELESS HOLDR (We brought you this story last Friday in The Bull Market Report Daily, and we reprint it here because of its relevance to the Wireless industry.) Merrill Lynch (MER, $67) has announced plans to offer a HOLDR for the booming wireless industry. The company already offers a dozen other HOLDR securities, which invest in a fixed basket of 20 stocks in a particular industry, such as B2B, Pharmaceuticals, Internet, and Telecom. The new Wireless HOLDR will include a host of blue-chip industry leaders like Nokia (NOK, $41), Motorola (MOT, $27), and Ericsson (ERICY, $15), and will trade on the American Stock Exchange under symbol WMH. COMMENT: This is exciting stuff. The new HOLDR will provide an easy way for investors to profit from the tremendous growth in the wireless market WITHOUT the big risk of a company-specific downturn (Sprint PCS comes to mind recently…). It is important for our readers to understand just what these HOLDRs ARE, and also what they ARE NOT. We’ve come up with a quick list: HOLDRs ARE: -- Traded throughout the day on major exchanges. -- A FIXED basket of securities. -- Only sold in round lots of 100 shares (meaning the minimum investment is around $10,000) -- Extremely liquid investments -- Tax efficient: You only pay taxes on capital gains when you sell HOLDRs ARE NOT: -- Mutual Funds -- Actively Managed -- Tracking Funds that try to match the performance of a certain index Also, it is important to note that each individual stock does not necessarily comprise exactly 5% of the HOLDR. Initially, the maximum weighting for any one stock is 10%. However, once the shares start trading, a single company can account for an even larger percentage of the entire HOLDR if its share price goes through the roof. This “fixed basket” nature is what allows the HOLDRs to trade without any management fees*, but it also makes the investment a bit riskier than actively managed funds (where managers often do not let one particular stock position become too large). What action should our readers take regarding the Wireless HOLDR? We haven’t added it to our Bull Market Wireless portfolio just yet, but once it starts trading and we gather more information on it, chances are excellent that you’ll be seeing it in our portfolio! Feel free to visit the new HOLDRS site for more information: bull-market.com;

To: IQBAL LATIF who wrote (34177)	10/4/2000 10:31:23 AM
From: wmwmw	Read Replies (1) \| Respond to of 50167

NAZ is not as weak as yesterday. We may have rebound very soon.

To: IQBAL LATIF who wrote (34177)	10/5/2000 1:09:23 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

1416 and 3380 low and bounce ..on yesterday post.. This was one of the classiest call we made inter day, this is the best kind of inter-relation you can ever expect.... the reason I am highlighting is that I have tried as you will notice to inter-link SPC with Comp and other key indexes. I keep back testing them you may noticed IIX DOT PSE SOX relationships and key support points. I try not to highlight these issues on daily basis as I see a regular pattern but considering the relevance of yesterday 1416 point with 3380 I thought to overlook such a close shave with supports would be unfair to the efforts we make here. I printed the low of 1416 on cash S&P and 3380 on Comp, now look at these charts..http://quote.yahoo.com/q?s=%5Espc+%5Eixic&d=5d << IQBAL LATIF at Oct 4, 2000 10:18 AM I think the market would rebound after making an inter day test of 3380 area even little lower below the trend line and below the support line, I would not be surprised that we ring 1416 area on cash oreven break the trend line so as to give a fake close today, however we are in oversold territory but in this territory since everyone expects a rebound we test lower before going higher I will wait to enter and will like to add few stocks and throw my protective puts away today..I will cross check the Comp low with the S&P cash support for me 1432 area on SPZ is the area to watch for a bounce..fwiw>> The low of 3382.53 and SPC 1416.31 were hit at the same time.. Now if someone would have made that interday trade at that level the results would be amazingly good, it was for this reason that I set aside all caution and entered that trade to buy few stocks including options on MU..due to my lack of real time and unfortunately typical habit of doing things in course of a trading day I feel that a better and fuller response would have resulted even in better trade, I like to see now 1436 on SPC taken out and we head for that 1444-45 area that would translate to 1465 on SPZ where I would like the markets to close rather break them..