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To: BigBull who wrote (33639)	12/28/1998 8:08:00 PM
From: Platter	Read Replies (2) \| Respond to of 95453

There will be a minor impact on stock tomorrow as most of the negative news has already been built into these stocks...actually HAL will move higher in the coming days as the news is out of the way...the other stocks will trend higher as we move out of the usual earnings warning period....Pie in the sky good new are usually factored into a stock or sector ...as in the case of the Internet stocks...so if they disappoint..look out below....As in the case of OS stocks...Investors have factored in the WORSE case scenario...so when earning are announced in mid-late January..Those who didn't warn will rally...Similar situation occurred in October earnings announcement.(see my pre post)...Just my 2cents worth!

To: BigBull who wrote (33639)	12/28/1998 8:19:00 PM
From: Gary Burton	Respond to of 95453

I'll go out on a limb and suggest that the OSX will bottom somewhere in the 38.50-41.75 area by Jan 11. After such bottom. there is a 50/50 chance of a 1-3day pop up then a final low marginally below the upcoming low. The final low should be in by say Jan 20 if the latter false pop up occurs.--- SLB needs to break slightly under 40 for eg.---- Look at it this way. We MUST clear the decks before we have a realistic chance of a bottom. So,Q4 warnings are necessary to clean out the last of the weak hands. By mid-late Jan, everyone will then be focusing on OPEC cuts. By the time OPEC meets we should be higher than we were today, probably materially higher. Slider may in fact only have to adjust his 25% upside target by 2 weeks the way these stocks move. In the meantime, DO may test 18ish, WFT 14 etc