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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: Neil Booth who wrote (7301)11/12/1997 5:43:00 AM
From: Kashish King  Read Replies (1) | Respond to of 10836
 
Whopper turn for the worst, maybe the Dow will head for 6500 now and just get this over with. Apple will probably be up tomorrow, however, based on a killer day at their new virtual storefront. They quipped about how they are going after Dell Computer after Dell (the man himself) said Apple should pull the plug. The guy certainly knows his technology. Imagine the complexity which goes into a single Dell computer. There are drive cables to attach, CD-ROMs to bolt in and, ah, did I mention drive cables to attach? I have ZERO hope for long-term prospects for Dell now that the real technology companies are getting into the direct marketing business, too.

BTW, what ever happened to the BORL Time to Sell thread. I guess Leo is feeling bad about CNTR's passion for the high $1s having plummeted virtually in half since its unexplained rally awhile ago.



To: Neil Booth who wrote (7301)11/12/1997 10:33:00 AM
From: Eugene Kislenko  Read Replies (1) | Respond to of 10836
 
Hi, Neil:

Dow is guaranteed down 100+ today.

I thing the "Asian hype" is probably over so far (I personally more worry about Latin America these days). Most of the market participants had already had cold shower.
Indeed, market may move 100- points, but I thing it will find support on the announcement that feds left rates unchanged (at least for now).

However, I have another worry - more and more "analysts" are talking today about "markets retesting 7000 level on Dow". They are trying to prepare themselves and everybody else to the plunge. When it might happen (if so)? I don't know. So far it sounds like some "predictions" I heard 4-5 years ago, when Dow starts upwards movement from 3,500 breaking new highs: "Market MUST HAVE CORRECTION, at least 20%". Never happened.
My hope "the analytical crowd of the Wall Street" will be wrong again. We can see some pullbacks, but I don't think they are will be that dramatic.

Good investing to all

EK



To: Neil Booth who wrote (7301)11/12/1997 7:43:00 PM
From: David Miller  Read Replies (3) | Respond to of 10836
 
>>Dow is guaranteed down 100+ today.<<

Good pick, Neil. I look forward to your take on tomorrow's direction.

Based on early and unofficial results, the Dow Jones industrial average tumbled 151.76 points, or 2 percent, at 7,406.97. In the broader market, declining issues swamped 23-6 on active volume of 589 million shares on the New York Stock Exchange. The Nasdaq composite index plunged 43.15 points, or 2.7 percent, at 1,541.71

david