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Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?


To: Keith A Walker who wrote (739)3/5/1998 10:09:00 PM
From: Teknvstr  Read Replies (1) | Respond to of 1181
 
Keith,
Intel's probably overstating things a bit, and may give a slight positive surprise with earnings going forward, now that they've thrown cold water on everybody's expectations(I'm speculating). That's what good companies do...they always put themselves in a position to come thru by managing expectations. If you'll remember back in 1995, when Microsoft introduced Windows '95, the market rallied all the way into the date of release, I think on August 11th, 1995. The Technology market peaked that very day. I suspect we'll have the same thing going into Windows '98 this year. So many new platforms being incorporated into that launch, that the market (Tech's that is) is filled with anticipation....but you know what happens to the market when anticipation isn't around any more! We definitely have some bumpiness ahead in the next few days...but it will be only one week or so maybe 2 at the most. The market will worry about interest rates tomorrow probably, and then get over it as Asia finally puts a damper on the economy. There's way too much money rolling in, too many boomers needing to save, too low of interest rates..and too much of a wall of worry to climb for stocks to really crack. Intel itself tho has some problems. They just aren't going to be able to duplicate the growth of the last 5 years in a low priced PC market unless the volume explodes. This report last night obviously suggests that at least for now the volume isn't quite making up for the tighter margins. BUT there are so many companies seeing explosive growth, that the Technology market in general will continue to roll...in particular the fiber companies, and the switch makers are on a roll and it's early....and ESPECIALLY the Internet Commerce sector. In my opinion, CD Now and Double Click are two of the best new issues in the last 2 or 3 years. Double Click will be to the internet what NBC is to Television. As for the apparent dog with fleas, Yuri, it is right on its long term trend line, and something dramatic is within one to 4 trading days away....I'm still betting that the move will be to the upside. Again, the shorts are fully half of the float. All they can do is buy....and all of this splitrock crap, and any other crap dipwad can dream up and re-hash again and again are ALREADY FIGURED IN TO THE STOCK. Don't get shaken out, because the stock could take a very brief intraday dip down a couple points and shake alot of people out before it launches...don't get suckered out....Can you say INTRADAY REVERSAL?????? I predict a large buyer arriving on the scene next week, and FINALLY getting the ball rolling. The buyers know that if they just run in and start buying now, they'll pop this thing like a zit because there's just no stock for sale. They'd love nothing more for it to rip open to provide them with some real liquidity to buy in size, while the lemmings are dumping. We're going up..it's a matter of time I do believe....We'll see.....Tek