SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?


To: CuttotheCore who wrote (6620)8/13/1998 12:18:00 PM
From: MGV  Read Replies (1) | Respond to of 22640
 
Based on the reasoning in post 6617, in my view there are sound reasons why it should not go below 83-84, if at all. Nonetheless, because of the uncertainty still surrounding the main drivers of this swift decline, I think it will go somewhat lower from here. Want a number for the low and I'll say 87 and when it ticks below 90 I start buying again.

R, the italics in the post 6617 correspond to Oracle's prediction. (Thinking that wasn't clear) I was commenting on it. I don't think we will see 74 ever and I don't think we will see 84 today, if ever.



To: CuttotheCore who wrote (6620)8/13/1998 12:29:00 PM
From: Fred Levine  Read Replies (1) | Respond to of 22640
 
R. Keeling- Almost immediately after I posted, the stock turned positive. However, I am aware that one swallow does not make a summer.

I don't see red. In fact, I believe that most, if not all the companies are profitable AND have enormous pent-up demand; often a 2 yr waiting list to hook up. Almost every analyst has a buy recommendation, altho they differ on when to buy. The reality is that we have profitable companies with enormous futures and better management. If that does not qualify as fundamentally bullish, what does? Once the panic is reduced, and I believe it to be now, we will profit. We simply need to keep our bloomers on.

f