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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Ibexx who wrote (17955)	10/8/1998 12:55:00 AM
From: Boplicity	Respond to of 77399

Thread and Ibexx My GTC on IDTC was Filled at 17.625, IDTC is for trading, I have five more to go for holding or adding. I might add MSFT and GE to this list. Im getting ready for the new bull market foundation that is being laid right before our eyes. Change/Cancel 110/07/98 GTC Buy **** AOL 80 1/4 92 94 3524 Change/Cancel 210/05/98 Cxl Buy **** CSCO 35 1/4 43 15/16 44 3517 Change/Cancel 310/07/98 GTC Buy **** CSCO 30 43 15/16 44 3527 Change/Cancel 410/02/98 Cxl Buy **** DELL 45 50 9/16 50 5/8 3514 Change/Cancel 510/07/98 GTC Buy **** DELL 40 50 9/16 50 5/8 3526 Change/Cancel 610/05/98 GTC Buy **** LU 47 56 3/4 57 9/16 3518 Change/Cancel 710/07/98 GTC Buy **** YHOO 75 0 0 3523 As you can see I have lowered my GTC on dell to 40 and CSCO to 30. In a normal market we would see LU rise into earnings, if have noticed LU was nearly unchanged for the day. hmmmm Greg

To: Ibexx who wrote (17955)	10/8/1998 1:08:00 AM
From: Karin	Respond to of 77399

You are so right! Just bought some more Lucent and CSCO. We may not have gotten it right at the bottom but it was darn close to it. Happy buying! Karin

To: Ibexx who wrote (17955)	10/8/1998 9:49:00 AM
From: Maxer	Read Replies (1) \| Respond to of 77399

Ibexx-- You are correct, the bottom is highly individualized. What do you think of the premise that the last stocks to give up in a down market will be the first to regain-- say for issues like DELL, MRK, LLY, and maybe WMT? By the way, I suspect we are not at Dell's bottom yet. Likely we will see below 40, or something close to the price this spring. Good luck with your trading.

To: Ibexx who wrote (17955)	10/8/1998 11:49:00 AM
From: Ibexx	Read Replies (2) \| Respond to of 77399

Thread, From Larry Wachtel (Prudential)'s Opening Market Commentary today: ____ October 8, 1998, 8:02 a.m. EST DJIA 7741.69 -1.29 as of Wednesday's close on October 7, 1998 The screens are red. Everything's coming up weeds this morning, as a plunging dollar adds to global volatility. But there is general agreement that greenback grimace has less to do with fundamentals and is more associated with beleaguered hedge funds, which are unraveling their dollar-yen arbitrage. With currency turmoil, global markets are heavy, with Japan falling close to 800 points, thereby giving back most of yesterday's moon-shot. Europe is opening eaiser and Globex futures foreshadow another rough day in New York. Yesterday saw the blue chips hold up but the broad market and especially the Nasdaq get crushed. The Nasdaq composite has now fallen over 13% through the past five trading sessions, as fears of recession continue to grow. The argument is that worsening global situations will eventually impact the U.S. economy, even though conditions look OK at present. Yesterday, economists at Morgan Guaranty forecasted a recession for the second quarter of 1999 and Jeff Applegate, strategist for Lehman, said he now saw 1999 GDP rising by only 0.7%. From a psychological standpoint, the unraveling of the sacred cows in technology and pharmaceuticals represents a necessary component in destroying all hope and thereby setting the stage for reversal. On the earnings front, internet giant Yahoo may improve this morning after exceeding quarterly expectations yesterday. But generally, the profit news is soft with Agco Corp., Bassett Furniture, File Net, Information Resources and Raytheon all issuing negative pre-announcements. On the other hand, Granite Construction said third quarter earnings will be higher than expected, while Capital One Financial reaffirmed its 1998 earnings forecast of $3.90 per share. Shares of Medtronics might be helped by a new Medical Device but Comp USA might fall back after revealing that same store sales of personal computers fell 1.7% in the first fiscal quarter. U.S. bonds rose in London for the first time in three days, amid growing optimism for further rate cuts in coming weeks. That optimism was fostered by comments from Fed Chief Alan Greenspan, who said yesterday that while business conditions are still OK, the pace of growth has weakened measurably. The 30 year Treasury was up a half point, bringing the yield down three basis points to 4.83%. On the calendar, weekly unemployment claims probably rose last week after declining in the prior reporting period. A Bloomberg survey projects a rise of 10,000 to 299,000. Looks like another ragged opening as investors add dollar woes to the Wall of Worry. _____ In a way, we are paying for the hedge funds' loss from speculating on $$$/Yen arbitrage. sigh. Ibexx