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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (70400)	4/19/2001 11:27:14 PM
From: Tim Luke	Read Replies (1) \| Respond to of 122087

heck t you should be thrilled for one major bull run....after all that is how the game is played...got to get those stocks back up so they can be shorted back down again....

To: Anthony@Pacific who wrote (70400)	4/20/2001 12:01:09 AM
From: rupers	Read Replies (1) \| Respond to of 122087

I dunno about being long in Tech (at least in telecom or semi's), Tony. I still think lots of tech are still heading for a train wreck soon. Many are still way way too overvalued, and (based on Barron's article, "Semi True" by Alan Abelson who's relying on a report by Fechtor Detwiler), the semi's are getting squeezed to lower their prices by as much as 40% by their customers (such as Cabletron, Cisco, Nortel, Lucent), who are likewise getting pressured by their broadband-carrier customers to lower their prices. FD also says the semi longs don't have a clue on how much excess inventory remains to be liquidated (e.g., CSCO unloading $ 800 million of DRAM soon). I have a couple of tech longs that I'm ready to sell either tomorrow or early next week, and will patiently wait for my shorts on AMZN and RIMM (ouch) to ripen.