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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: srvhap who wrote (8303)	5/11/1998 11:01:00 PM
From: Rob S.	Respond to of 11555

Mighty monopolistic Bingtel keeps moving along. They have apparently reacted to blunt Justice's possibility for claiming unfair tying of products by further accommodating Intergraph - giving in just enough to keep the dogs off the trail. The market showed a possible key reversal pattern today: major acquisitions which moved the DOW up couldn't make up for a general market decline and major market divergence. Several technical indicators reversed as well; previously very bullish this service turned negative - flash.net Asian markets are selling off broadly; quote.yahoo.com I think it's still too early for a major market blow-off but a 5% correction is about due. I expect the market to trade mostly sideways to slightly up for a while because of continued low interest rates and good fund flows. Time to be very selective.