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To: Sarmad Y. Hermiz who wrote (123632)4/13/2001 12:06:55 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
The market is ripe for profit taking. I was expecting that for today. Surprised it went up.


The market seemed to have profit taking initially. Today was not a strong consistant move up.

I was referring to a bottoming in the economy.



To: Sarmad Y. Hermiz who wrote (123632)4/13/2001 9:21:33 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<I don't expect earnings news to weigh negatively on prices.
Everyone is expecting the worst, anyway. >>

Sarmad did you see yesterday's action in EMC? Wed night they warned on missing revenue target for the year, etc., and after losing about 9% or so at the open the stock came back slowly but steadily all day and eneded with just a small loss.
Victor


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