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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (38550)4/7/1998 4:45:00 PM
From: j g cordes  Respond to of 58727
 
Tom, the problem is keeping up with OJ.. one second he's long another he's short. <g> Its hard to imagine what he'd be like on coffee!

Did you catch this down wave? Hope so. By the way, Donald did a great job of predicting a heavy down Tuesday last week.

This ought to test the Japan market's resolve and drop the European some. This seems to be an overvaluation correction against earnings, not a rising interest rate correction. If I'm right, then money will soon be chasing through another sector rotation... but I'll let the market signal its own turns.

Jim



To: Tom Trader who wrote (38550)4/7/1998 5:00:00 PM
From: j g cordes  Read Replies (2) | Respond to of 58727
 
OUCH.. Advanced Micro Devices (AMD) 29 1/4 -1 3/16: chip maker posts a Q1 loss of $0.39 a share, fourteen cents wider than the First Call estimate, vs year-ago profit of $0.09 a share; revenues fell
2.1% to $540.9 mln.....