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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (15785)	1/17/2003 2:18:55 PM
From: fedhead	Respond to of 57684

I think shorting after so many down days is dangerous. You could be squeezed out. In fact I won't be surprised if there is a rally soon. Anindo

To: Lizzie Tudor who wrote (15785)	1/17/2003 3:57:26 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 57684

sunw is up .20 right now, I thought they had a good report, this looks like a bottom for networkers at least short term (sun trades with those) edit- oops spoke too soon, nas down another 8 pts at end and sun closed flat! Still pretty good for such a broken company

To: Lizzie Tudor who wrote (15785)	1/17/2003 5:38:28 PM
From: stockman_scott	Read Replies (1) \| Respond to of 57684

I wonder if Goldman was short software and storage stocks when they released their report this morning <G>... 7:26AM Software and Storage groups downgraded at Goldman: Goldman Sachs downgrades both the Software sector and the Enterprise Systems/Storage sector to Cautious from Neutral. In addition, firm removes Microsoft from the Current Investment List (maintains Outperform rating). For the Software group, firm cites 44% rally off Oct lows. With stocks and valuations up and much of the Q4 good news already reflected in the stocks, firm recommending that investors adopt a more cautious posture on the group. Also had hoped to see MSFT and IBM show greater upside and give a boost to tech sentiment. With respect to Enterprise/Storage, firm cites its belief that tech is not yet in recovery mode.