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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (19082)5/26/1998 2:20:00 PM
From: bobby beara  Read Replies (2) | Respond to of 94695
 
>>>SEEK is getting thrashed today. I don't know if that is sector wide.<<<

X, This is just the beginning. SPX 1065 by Friday and 50/50 chance of SPX 1000 by expiration.

bwdik,
bb



To: epicure who wrote (19082)5/26/1998 2:26:00 PM
From: Kip518  Read Replies (1) | Respond to of 94695
 
ATT up a point, same with NXTL- and it isn't on miniscule volume (which would worry me.) So I think the funds are still looking for value...

Not sure I'd call NXTL value, still looks like a good short to me. However, it is bouncing up today along with other communication stocks. Granted it's probably sector rotation as internets are getting creamed almost across the board. After NSCP's release tonight, tomorrow could be even worse. But my guess is that the communication boost will also be short lived. The whole ball of string looks to be unraveling.



To: epicure who wrote (19082)5/26/1998 2:29:00 PM
From: ratan lal  Respond to of 94695
 
SEEK, YHOO down because of pending earnings report from NSCP after close today. Expected loss of 10 cents. Then the fun begins again in these internet stocks.