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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (47352)	3/27/2003 3:30:01 PM
From: E.J. Neitz Jr	Respond to of 53068

War!!! sshhhhhh...not supposted to talk about it here. ggg

To: Ron McKinnon who wrote (47352)	3/27/2003 6:20:42 PM
From: E.J. Neitz Jr	Read Replies (1) \| Respond to of 53068

Next big hit to the stock market?: Article Already hitting the asian exchanges. It's growing fast: canoe.ca

To: Ron McKinnon who wrote (47352)	3/29/2003 5:56:21 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

Tech Strategist Down on Some Tech Leaders Saturday March 29, 4:48 pm ET NEW YORK (Reuters) - Fred Hickey, publisher of the High-Tech Strategist, has characterized the recent run-up of tech stocks as being due to a brisk build-up of inventories in the face of "awful" fundamentals, according to Barron's. In an interview with Hickey, the weekly's March 31 edition quoted the strategist as saying he is short on Intel Corp. (NasdaqNM:INTC - News) and is betting that in two weeks the chip maker will announce that second-quarter revenues will fall short of expectations. He said he expects the stock to sell off 15 percent to 20 percent in an April market downturn, Barron's said. Hickey is also short on International Business Machines Corp. (NYSE:IBM - News), saying he believes the technology giant no longer can use its cash to buy back its stock and shore up its share price. Hickey also was bearish on KLA-Tencor Corp. (NasdaqNM:KLAC - News), saying he believes the run-up in the stock belies the fact the chip equipment business, he reckons, remains in the dumps. Hickey is short on eBay Inc. (NasdaqNM:EBAY - News). At $89 a share, the online retailer's stock price is just too high and could take a hit of 20 points or more in April, Barron's quoted him as saying. (my bolding) He likes 3Com Corp. (NasdaqNM:COMS - News), the computer networking company, which Hickey told Barron's has cleaned up its act and can become a significant competitor to Cisco.