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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (13234)	7/27/1998 5:24:00 PM
From: Electric	Respond to of 42787

Judy, I saw the posts about the IPO, but didnt remember seeing the date.. Big range on CMGI today, ending right in the middle of the trading range.. Premies are way too large for me sweets, these are the kind you see on YHOO, AOL, DELL (higher than DELL). I even looked out a ways, hoping that this was just near term poof, but it isnt, CMGI is playing high roll, and to make any $$$$ there has to be a YHOO move.. Re DELL: I am not going anywhere on this one, and I tend to gravitate towards the view that with DELL's beta being 2, it will be all over the map until and after earnings. With them taking market share from all the other kiddies, getting lower priced components, and them cracking into other segments, things are well in Austin.. Not saying that DELL is going to 140 tomorrow, but I am still staying with my projection of 120-130 before earnings. Barring a Barton dropping the market 30% here (unreal bearish remark by him) Your bet with OJ seems semi intact, AOL is staying right near 100 for now, I dont think that will hold either. Finally, these sentiments that are being thrown all over CNBC could be yesterdays lunch very easily. It took a good earnings report from a heavy hitter, and the market totaly reversed.. Trading range market is my opinion of how we will trade here.