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Technology Stocks : DSC Communications -- Ignore unavailable to you. Want to Upgrade?


To: Yeadon who wrote (3742)3/4/1998 11:21:00 PM
From: SpecialK  Respond to of 4429
 
Intel announcement will pressure the tech sector tomorrow but consider that it was at $93 a week ago now $81, now the announcement, so a lot of selling has been done and even with the announcement, there will be people thinking I sold in the high 80s or low 90s, I have a chance to buy back in the mid-70s, great. Remember this is intel, not some unknown. Because it is intel, nasdaq futures are currently down 30+, s&p futures down 12, close to limit down. This is a buying opportunity for the rest of the market. The open will be the lowest price of the day for most stocks. DIGI has now (including tomorrow's action) double-bottomed, we will head higher.
IMO,
Ketan