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To: Road Walker who wrote (47000)2/2/1998 9:46:00 PM
From: Jay  Respond to of 186894
 
John Re: "On the cusp, could go either way"

Haven't we had enough pain over the last 6 months already?

OT - With all these millions of computers coming on line and bogging down the Internet - do you or any of the gurus know:

a) Who is responsible for keeping up the speed of the Internet?
b) If the speed slows to a crawl - who is responsible for fixing it?
c) Since it will all cost money - what is the measurable incentive that the money-spender has to spend his/her money to speed things up? - the average end-user (I'm taking myself as an example) has no clue
as to where slowdowns are happening.
d) Since individual users have little power in this matter - do corporate users have any muscle either? - after all multiple hops
across varied equipment/suppliers is not a situation where one
vendor can hope to shine.

I don't know if these questions are appropriate here but with all the
talent on the thread I'm hoping someone can say something illuminating.



To: Road Walker who wrote (47000)2/2/1998 11:29:00 PM
From: Rarebird  Read Replies (3) | Respond to of 186894
 
John, I'm always cautious. My first rule of investing is not to lose big. But a strong technical buy signal has been issued on the Nasdaq and Nasdaq 100 ( including Intel ) today! This rally is for real and has some legs to it. Volume has been very strong on the NYSE and major resistance at 1650 has been taken out on the NASDAQ. I see the Nasdaq and Dow testing its old highs and taking them out by the end of the month. This is NOT a Bull trap. I expect Intel to meet some major resistance at the $85-87 level, take a breather and consolidate for a few weeks before it makes an assault on its old highs at around $100. For the test to be successful and to reach new highs volume must expand here. I'm not satisfied with 14-18M share days at present.I continue to be very bullish on large cap semi and semi-equip companies.