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Technology Stocks : copper mountain CMTN -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (1016)	10/7/2000 11:49:07 AM
From: William Griffin	Respond to of 1226

OT TO ZX RE: ISPD AND BRKT. Do you still have a position in brkt?? If so, I'd like to know what you think of the following mess at ISPD. BRKT was down to 28 1/2 on Friday and I'm thinking of selling my remaining 1k shares at the open on Monday. ISPD appears to be a total loss and might be delisted. Friday October 6, 10:24 pm Eastern Time Interspeed sees weak Q4, seeks financing, CEO resigns (UPDATE: Adds details throughout from company spokeswoman) NEW YORK, Oct 6 (Reuters) - Interspeed Inc (NasdaqNM:ISPD - news) said on Friday it expects to report a fourth quarter net operating loss that ``substantially exceeds analysts' published estimates'' on much lower than expected revenue and added that chief executive officer Stephen Ide had resigned. The telecommunications equipment maker also said it had come to management's attention that some revenue may have ben incorrectly recognised in its unaudited quarterly financial statements for each of its prior quarters of fiscal 2000. Therefore, Interspeed expects that its unaudited results for all of the interim periods of fiscal 2000 will be restated. Interspeed said it is considering alternatives for short-term financing to meet its liquidity needs, including possible borrowing from current shareholders. Interspeed's chief technical officer and senior vice president of research and development, Rajeev Agarwal, was named president and CEO. The company also said it has terminated the employment of Arthur Goodwin, senior vice president of worldwide sales, and Christopher Whalen, vice president of sales, effective immediately. Interspeed's spokeswoman called the management departures ``personnel'' issues and did not provide further details. The company estimates that gross revenues will be ``substantially below'' analysts' published estimates at about $660,000 for the fourth quarter ended Sept 30. According to the spokeswoman, analysts' consensus called for Interspeed to report revenues of $6 million to $7 million for the quarter. Interspeed went public in Sept 1999 and had revenues of $1.978 million for the year ended Sept 30, 1999, she said. Shares of Interspeed closed unchanged at $3-27/32 on Friday afternoon, before the announcements were made. The shares have traded between $3-3/8 and $39-15/16 during the last 52 weeks. The company tentatively plans to report its fourth quarter results on Oct 26, the spokeswoman said.

To: Rarebird who wrote (1016)	10/7/2000 7:09:02 PM
From: JRI	Read Replies (1) \| Respond to of 1226

Rarebird....when I talk about the market, I am primarily talking about the Naz, and specifically, leading tech stocks..companies that dominate their niche and earn money... Although I understand your point about preserving capital, it would be truly novel for investors to stay in cash too long....it did not occur (long) when Asia was falling apart (1997), nor in 1998 (when LTCM and Russia-defaults), etc...Greed is also a powerful factor....I think the more realistic problem (for tech stocks) going forward- is "safe haven" stocks (drug, utilities, etc) vs. tech stocks... I don't believe that the we need to see the whites of Greenspan's eyes on rate cuts before we see a rally....rather, we just need some good news for a change...there has been a preponderance of bad news for weeks... Re: safe stocks vs. tech stocks. I certainly believe there is a limit to remaining in safety. Most of the factors you mention (Euro, slowing overall growth, etc) will disproportionately hit "safe" stocks' earnings vs. tech companies (again, I am talking top tech here)....Although energy prices have remained higher than anyone predicted, most experts are calling for $ 25 oil by early next year...since the market front-runs, I think the energy question will be sorted out soon..... Relatively speaking, though, if the money is going to remain (in stocks), as I think it will, I think the premier growth tech companies are going to continue to look attractive vis-a-vis almost any stock...their growth rates are spectacular, unyielding, and the stocks are cheaper than in a couple years or more... Re: CMTN...it will be interesting to see how much their business is slowing...but I think it is not accurate to say some of that slowing is not already priced into the stock...lot of negativity in the stock already. A lot. Finally, the Naz is down 10 out of the last 12 sessions. It has closed down 5 weeks in a row (Monday-Friday) basis....Over the past few years, I am unable to find any stretch in which the Nasdaq has performed so poorly without some sort of rebound....so, even if we hit 3200 early in the week, I think the odds favor a bounce by the end of the week...by then, we will be in full earnings season...and will remain until late October. Then, we enter the historically strongest period for the Nasdaq, November-January. Although I am not expecting a rally as in the past few years, it is reasonable to expect recovery over the next many weeks. Currently, we are the most oversold in 2 years. That makes me feel a bounce is in order.

To: Rarebird who wrote (1016)	10/10/2000 11:55:14 PM
From: P314159d	Respond to of 1226

from previous post >>From the move 1998 to 2000, we have numbers: 1: 4220 2: 3560 3: 3140 4: 2720 Each represents an approximation of the fibonacci retracement from 1998 to 2000: 23.4%, 38.6%, 50%, 61.4%<< Move to #4 seems imminent, watch the intraday tomorrow to see if we cannot hold 3044 intraday low. I think anything less than a 200 point rally from that point represents a failuree and a move to #4 target. Hoping for a rebound there.

To: Rarebird who wrote (1016)	10/12/2000 8:49:39 PM
From: Probart	Read Replies (4) \| Respond to of 1226

Where have all the bulls gone?? This found in junk mail. A PRAYER FOR THE STRESSED Grant me the serenity to accept the things I cannot change, The courage to change the things I cannot accept, And the wisdom to hide the bodies of those people I had to kill today because they pissed me off. And also help me to be careful of the toes I step on today, As they may be connected to the ass I may have to kiss tomorrow. Help me to always give 100% at work… 12% on Monday 23% on Tuesday 40% on Wednesday 20% on Thursday 5% on Friday And I am grateful for the reminder that When I’m having a really bad day, And it seems that people are trying to piss me off, It takes 42 muscles to frown And only 4 to extend my middle finger And tell them to bite me! AMEN