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

To: Clint E. who wrote (17763)	9/14/1998 10:18:00 AM
From: j g cordes	Respond to of 70770

Hi Clint.. nice selection, agree.. Grabbed CIEN on gamble its overdone on downside merger dissapointment... 12 5/8th.

To: Clint E. who wrote (17763)	9/14/1998 11:16:00 AM
From: shasta23	Read Replies (1) \| Respond to of 70770

Hi Clint! I know you liked once PSFT. What's your take on that stock right now?Any comment are appreciated! Stefan

To: Clint E. who wrote (17763)	9/14/1998 1:56:00 PM
From: Johnny Canuck	Read Replies (2) \| Respond to of 70770

Clint and Jim, Be careful with the telecom equipment stocks. TLAB announced expected flat revenues for the Q. This is to be expected given that sales in Europe are usually slow this Q. Conference call at 1-800-633-8284, #4716955. I have not heard it yet. NT announced some layoff on Friday.This is part of trying to get better efficiency in their manufacturing as far as I can tell. I have mentioned before that some of their product lines are seeing margin pressure. In last Q's earning I think AFCI or CIEN mentioned that their DSO's were higher because the carriers were delaying paying longer than usual. This may indicate cash flow pressure for the carriers. A slow down in spending in Latin America and the Far East is anticipated. There are some indications of a slow down in spending.on telecom. It is too early to say if it is a trend. The 4th Q is traditionaly strong for the telecom equipment companies. Harry

To: Clint E. who wrote (17763)	9/14/1998 3:45:00 PM
From: space cadet	Read Replies (2) \| Respond to of 70770

Hey Clint, I was wondering where you were off to these days. You must be busy since we rarely see you about these days. Don't tell me you have an actual day job! Anyway I agree with you about your targets. Looks like a pretty good rally last week continuing for at least this options week. I'm still hoping for a retest of the lows in Oct when I hope to get on board bigtime. I like your picks but I wanted to ask about one of them. LGTO appears to be impervious to any bear market sentiments out there. It trades at an extremely high p/e, is near its all time high, and just goes higher. Do you understand this stock. Obviously the street must sincerely love this stock. It looks like a tempting short at some point, but maybe that's playing with fire. How much higher can the stock and its p/e go? Amazing how this week all of Clinton's troubles as well as international events have simply disappeared off the screens! Incidentally, are you familiar with Jerry Favors? A technical wizard he called this correction on the nose. Now he says we rally and then go back under 7000 if you can believe it? I'm pretty impressed with him so far and considering subscribing to his words of wisdom. I had a great summer stockwise but haven't done much in a while and need to get back that feeling. Good luck yourself and don't work too hard, or they'll think us stock slackers are lazy @:).