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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (78863)	6/17/2001 8:42:02 AM
From: samim anbarcioglu	Respond to of 99985

>>"Ones I like now are NOK, PALM, ERICY and EMC based on their sharp falls" NOK has fundamental technology problems. They can't make their new technology work. PALM faces serious competition (which may have better products and appeal in the market - Kyocera..). ERICY is better positioned in technology than NOK. Actually they could succeed big, if they can execute. But I think that's a BIG IF . EMC may face slow to moderate growth and big competition, and if motion picture libraries do not go off celluloid and onto digital storage soon...

To: Steve Lee who wrote (78863)	6/17/2001 1:33:03 PM
From: American Spirit	Respond to of 99985

The computer, internet and wireless revolution continues worldwide despite the slowdown. In time the best companies will emerge with much higher stock prices than we're seeing now. ERICY, EMC, PALM, AAPL, NOK are prime examples. Especially from these low prices. Very negative market end of last week but it's priced in now and could be looked on as oversold and overdone. I wouldn't be surprised to see a sharp rebound any day now. Any silver lining news would give the market an excuse to rally. And Greenspan may now cut another .50 as inflation is practically nil. That may become a story now. Only panic will cause continued dumping of tech shares now. Let's hope panic doesn't rule the day going forward.