Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (91277)	5/15/2001 2:32:51 PM
From: profile_14	Read Replies (1) \| Respond to of 97611

NW, Hello. I margined going into the meeting and think that the bears, and those interested in talking down the markets because they did not get in at or near the most recent bottom, are going to be hard pressed to further gamble missing on an upturn with the consecutive interest rate cuts. The train continues to move forward and although the earnings will not reflect any of the most recent actions immediately, investors' view of stocks across the valley is becoming clearer and clearer. Since one typically looks forward, as that view improves, confidence will too and that will tend to lift the markets in general much sooner rather than later, IMO. I suspect we will be choppy for a day or two as shorts cover smoothly and establish other positions as well as institutional investors that were expecting to get in after the news are further reassured of the FED being their friend, and not a foe. Personally, I think the threat of stalling the economy is well taken care of with energy prices and power shortages. The FED is on our side for the time being and as previous posts indicate, I think most did not expect such a positive stance from the FED today. Just my five cents. Best regards,

To: Night Writer who wrote (91277)	5/15/2001 2:33:10 PM
From: John Koligman	Read Replies (2) \| Respond to of 97611

NW - In my opinion it does not appear that the FED actions matter too much in regard to the PC/Chip issues. HWP continues to set new 52 week lows every day in here, Intel is heading back down to 25, and CPQ is a whisker away from it's 52 week low. I have not traded CPQ lately because it's become a 'scalp 25 cents per day' stock. Perhaps some enthusiasm over Microsoft's XP OS product may cause the next decent move for these issues, but that product comes late this fall... Regards, John