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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Michael Rich who wrote (15826)	12/20/1997 1:07:00 AM
From: Nancy	Respond to of 50167

Michael, thanks for the info - was thinking long EMC - will hold off. Good trade on GTW - you said it last night looks like it would break out - good read. MU - yeah, you spotted it on the MF even before earnings and it didn't tank on bad earnings. couldn't think of any reason why AMD will run if INTC is tanking.

To: Michael Rich who wrote (15826)	12/20/1997 9:35:00 AM
From: W. Clinton Terry	Read Replies (1) \| Respond to of 50167

M. Pardon me for butting in, but what is MF. Also, I would be interested in what you see on the charts indicating that IOM is a short at these levels. The chart I am examining indicates that IOM broke through its 200 day mav and rebounded nicely towards the 50 day mav. The RSI is downward but the mav trend lines are not downward looking. The accumulation/ditribution score on daily charts is a "C" which is in the middle of the scale. I am long the position and am always interested in other opinions. If you look at the volume of the stock over the past several weeks, it would not indicate a strong sell off. The downward movement of the stock price of recent has been on very low volume. I do not know how to interpret the recent price action, which did have good volume on the downside, just as its rise yesterday also had good volume and block trades. Perhaps it was expiration week. I would think the stock will rise next week because of the split and because the market is likely to rise a bit at least during the first part of the week. It might a reasonable short in the low the middle 30s, but I am waiting developments to assess that. Clinton Thanks for you input.

To: Michael Rich who wrote (15826)	12/20/1997 4:05:00 PM
From: Judy	Read Replies (2) \| Respond to of 50167

Hello, Michael Based on price-volume data, there was heavy net buying in SUNW last week while the market tanked. Technically all the emas are converging, so the stock is due for a move, could be either up or down. Upside resistance is 40-42 so you could trade for a scalp, but there could be substantial downside depending on fundamentals. Key issue is why would corporations be spending money on servers when they need to divert funds to resolve the yr2k problem next year. Why do you say AOL is dead? My sense is that AOL wants to go higher before dying.