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To: wiley murray who wrote (16319)9/7/1998 3:44:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
International markets have headed up more than they have in several weeks. No markets showed significant losses with the exception of Brazil. quote.yahoo.com

TA on the inet sector still looks like a rebound is likely. The DASDAQ and NYSE indexes also look like a technical rebound is likely this week.

The charting and forecasting services I have checked also point to a rebound. marketgauge.com
flash.net
- with the strongest indication in several weeks or months.

While I think there is still considerable reason for concern and a great likelihood of down as well as upside volatility, I think the market and inet stocks will move up this week and probably will be up tomorrow. This may be attributed to news that overseas markets have rebounded and that certainly helps to set the stage for a rebound in the US and Europe. A close watch of how well the foreign markets do overnight will be worthwhile. Just my two bits - take it for what it's worth.