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To: Dell-icious who wrote (12863)	7/17/1998 12:38:00 PM
From: Bill Harmond	Respond to of 27307

Microsoft looks great. All the big-caps are acting well. Cisco, Lucent, Microsoft, Dell, IBM, AOL...

To: Dell-icious who wrote (12863)	7/17/1998 12:51:00 PM
From: Stanisav Richter	Read Replies (1) \| Respond to of 27307

Shorts are no longer afraid at 190. 200 psych barrier seems well in place and good news for group has brought little movement. Analysts are beginning to re-think their positions. They've apparently realized that good stocks can actually be overvalued and that they might not want their clients into high flyers when there comes a down-trigger. The tech stocks yet to report may not have the potential to provide a boost to any but their own stock with up-side surprises. The international situations that Wall St. has painted a big smiley face on clearly have the potential for short to medium term down-side triggers.