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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (24317)3/24/2001 4:54:13 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Joe:

The inventory issue is beginning to fade into the short term memory of "wallstreet". MU said that their inventory burnoff is nearly complete and that Dram prices are beginning to firm up. Thus, MU even after warning moved to the upside on Fri. Semi's were the first to take all of this hit and are beginning to rise slow and steady (with a little glitch here and there) Hardware (boxmakers) are recovering now too (they were the second to take the hit). One by one the tech. stocks will begin to rise from the ashes.

Typical analyst was on CNBC on Wed. this last week and said he would avoid DELL until it reached 20...what an idiot!! It has been at 17, once and 20 four times in the last 3 months and is now near 28 for the second time. People absolutely have to STOP listening to these jokers!! I'd be willing to bet that when DELL was at 17 he was "advising" people to avoid the stock until it went to 14.

CSCO will find its bottom just the same as DELL, ORCL, CPQ etc. The trick is to think for yourself and not every little Bullshit article put out by some analyst that has no more a clue than you or I as to what is going to happen next.

I"LL NEVER GIVE THEM THE SATISFACTION OF BEATING ME.

Ken