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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: manny t who wrote (8355)	6/19/2002 1:07:59 PM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 16631

Gee, they cut 03/04 estimates for NVDA based on current weak environment, yet forecasts by semis expect pickup by the end of the year. Sure glad the target is only $48 now as I would hate to wait for $62 to sell. LOL Bruce

To: manny t who wrote (8355)	6/19/2002 1:08:38 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Manny, thanks, just saw that myself. What a buy it would be at $24-ish, huh, at least for a trade. Not sure it will get there, but I'm likely in if it does. Notice the PE, historically it's quite low, for this stock. Bear in mind, if the Power Players decide they want to help run up the SOX they have a great excuse to do so with the B2B report yesterday. So far it is conveniently being ignored. Again, part of the reason is that UNEXPECTED bad news (i.e. AMD and the computer outlook) is more powerful than EXPECTED news (i.e. the good B2B news).