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To: bambs who wrote (51509)4/16/2001 6:25:55 PM
From: t2  Respond to of 77399
 
since we had the stupid SSB call last week and 23% move up in the sox.x I think it's all down from here. never put in a low enough low....we will giggle and wiggle but I think 2000 will drift away now and likely the dow will slip under 10k tomorrow. INTC will drop a bomb...and fall...ibm wednesday...msft thrusday...all star line up...i look for most to meet or miss this week...revenue will be light all over...and guidance will be lowered all round.

Big question is...Doesn't the market already expect this?
(might explain why futures have not dropped in a big this evening).

Intel looks scary.
IBM looks good
MSFT looks OK.

I translate those 3 into a net positive..

oh I forgot, there is also Nortel on the horizon too.



To: bambs who wrote (51509)4/16/2001 7:36:15 PM
From: Frank Ellis Morris  Read Replies (2) | Respond to of 77399
 
I think 2000 will drift away now and likely the dow will slip under 10k tomorrow. INTC will
drop a bomb...and fall...ibm wednesday...msft thrusday...all star line up...i look for
most to meet or miss this week...revenue will be light all over...and guidance will be
lowered all round."

I have been admiring your optimism for quite some time but you really have been correct in many of your posts

Frank