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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (16281)	6/2/1998 10:32:00 PM
From: j g cordes	Read Replies (2) \| Respond to of 68496

Thanks Clint.. between you and me (and a thousand others), NN looks like its turned the corner. They've gotten a dramatic pick up in orders, are gaining market share, and what I appreciate is that they've used increased revenue to take care of old business so they can get on with things. Their products seem to be leading the pack on performance, upgradability and managability. The earnings quibble of .12 or .13 is nothing.. just a day to day currency translation that puts it over the round up or under it depending on yesterday's or today's exchange rate. The important thing is forward momentum.. they look like their wheels just left the ground on takeoff. My only caveat is the selling into good news that's been going on as a routine matter with momentum players (which I'm guilty of), but in this case with the next couple of weeks having good show and tell exposure at conferences and trade shows my guess is up.. going to hold and buy a little extra to sell puts against. Don't know how long the selling is going on in the general market, expecting to see a "dow therorist" talking about transports declining. ALTR did well today... saw you got out of DELL LU CSCO etc.. good day trades. Sorry I aided your early exit from HWP! By the way, I remember seeing somthing about a good pickup in pc sales at the vendor level? Something like that.. Last, how will FON do that trick with three things happening on one line? A digital box at your home that connects to theirs? Jim