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

To: Techplayer who wrote (60700)	10/15/2000 10:30:02 PM
From: Techplayer	Read Replies (1) \| Respond to of 99985

Excellent use of tax money in Taiwan...tonight's news. 21:20 TAIWAN TO LET STATE-RUN $16 BLN FUND TO KEEP BUYING STOCKS TO BOOST MARKET - TVBS TELEVISION

To: Techplayer who wrote (60700)	10/15/2000 11:48:02 PM
From: KymarFye	Read Replies (1) \| Respond to of 99985

OT: TQNT and RFMD, just looked 'em up: Both report next Thursday, I believe. Their PEs are now almost in the real world, (well under 100), almost rational for companies growing like they've been, but, considering the "overhead supply" problem they both presumably face, not to mention the heavy downward momentum in the stocks, I'd be surprised to see them move up very quickly with anything less than astounding numbers/guidance. Why do you think sentiment is on their side? I'd think if they manage to halt the downtrend, hold in current ranges, base for a good long while, and eventually catch a ride on some stronger market move, l-t investors would probably have to count that as pretty darn terrific for the moment.