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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Simon who wrote (13736)2/1/1998 7:18:00 PM
From: bearshark  Respond to of 94695
 
Simon: Thanks. I especially like the chart for CSCO. I did some fundamental work on its financial statements a couple of months ago. Its rate of increase for sales for successive quarters has slowed significantly. By mid-year, unless they make an acquisition, their year-to-year numbers should show it. I am very intersted in seeing what it will do at this point in the chart. If I remember correctly, its earnings are out this week. I have a feeling CSCO and I are going to be quite close for the next several months.

AMR is also interesting and is making something at the top of the saucer. That will be fun to watch. MSFT is going to split and I just do not like to play with stock-splits. However, I do see your point.

I think AMAT is going to have to do some work where it is at. It has resistance just above it from the prior triangle and before it made the tops. Additionally, it is prone to bad news due to its exposure in Asia. I have no plans for it.

I think I will go back in hibernation for a while. Good luck.