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


To: IQBAL LATIF who wrote (37233)3/15/2001 11:24:08 AM
From: Crystal ball  Read Replies (2) | Respond to of 50167
 
Markets Up but STILL A BUY, Nok UP, PALM Up, NTAP Up and featured on CNBC, Japan stable after sales, Fed to lower rates 75 basis points, and another 25 basis points between meetings, all the way to at least 150 basis points. Looking good. The market rally today really is not a relief rally, it is a complete rally tha was only interrupted by Japan yesterday. Nokia upgrades shows whole telecom and hand held and PDA market like PALM is going to be on track with increased and better earnings guidance, same holds for EMC and NTAP in the storage sector, which means general revenue spending by enterprise corporations for high tech is coming back, as it can not be deferred forever without losing competitiveness and productivity efficiencies. Like I mentiond, Japan will not collapse, we just bought their stocks cheaper, and will get rid of some of their corrupt bankers and politicians.
I am,
Truly your$,