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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Daveyk who wrote (4151)	10/18/1998 8:58:00 AM
From: rocky haag	Respond to of 7342

I would AGREE

To: Daveyk who wrote (4151)	10/18/1998 2:15:00 PM
From: Naveen Kumar	Respond to of 7342

Dave: Can you share any charts for your TA predictions ? Thanks.

To: Daveyk who wrote (4151)	10/18/1998 2:52:00 PM
From: Dave Dickerson	Read Replies (2) \| Respond to of 7342

To all-Let me try a topic I'm not that good at-namely the global economy. I feel that we have seen the worst part of this global downturn. 1. Japan's banks are trying to have reform with infusion of $600 billion into them. Japan is 2/3's of Asian economy. 2.Two interest rate cuts by Fed. reserve and more to come. Other cuts to follow around world, to try and stimulate economies. 3.IMF package for Brazil might help. 4.World Bank active globally. 5. Russia is a basket case, but it's small economy and inherent problems make it a small tough nut to help. 6.Tellab's recent low price of $31 in my mind was it's low for this panic driven "bear market". Since then it's up 14 1/8 or 45%. 6.On 10/12/98 Germany stocks up +7%,UK up +4%,Russell 2000 +7%,Japan +5%. 7. In a lot of cases,the biggest thing we have to fear is fear itself, so said FDR. 8.S&P 500 ave. 3rd 1/4 results might be -3.2% in earnings, with 4 Q projected earnings estimated to be +8.9%. 9. 10/16/98 CNN poll=70% of Americans worried, but bullish with stock positions still intact. 10.Stricter controls of hedge funds should be forthcoming, or at least more restrictive loans to them by banks who have taken a real hit. 11.There is always the need to make investment decisions on a company by company basis. Looking carefully at earnings prospects,growth etc. 12.More press from indiv. brokers-eg.Mr. Birinyi of NY " the stock decline qualified as a correction, not a bear market". 13.Week of 10/12/98 Dow had it's largest gain ever. Once some of panic is over, then deserving USA small caps usually lead the comeback. Feed back is needed, as I'm not a student of the global economy. DAVE DICKERSON