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Technology Stocks : PROGRAMMER'S PARADISE (PROG) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (230)1/13/1999 9:04:00 AM
From: SliderOnTheBlack  Respond to of 2383
 
Buying Opp; ie: What does Brazil have to do with the future of iNet ?

Today looks to be a tremendous opportunity to enter this sector. Fundamentally, what does this over-hyped crisis in Brazil have to do with the future of the Internet, or PROG in particular ? It's not like the IMF, or the Fed are in a 40 year sleep mode. This will generate future liquidity - good longterm per Louis Navalier conversation on CNBC this a.m.

I look to see a killer-down open in tech-land; then the smart money entering & scooping up the bargains.Did anyone learn anything on the last tech dips ? Lots of stop limits will get taken out this a.m. ! Sellers today - need to have their heads examined - after they get it handed to them that is....

BRCM has 14 million shares come out of lock up this a.m. - interesting short there... gotta think there will be a panic to grab the money while it's still on the table...



To: Zeev Hed who wrote (230)1/13/1999 9:22:00 AM
From: TATRADER  Read Replies (1) | Respond to of 2383
 
Zeev, I have buy range in 10.00-12.00 area...May take a position later today...



To: Zeev Hed who wrote (230)1/13/1999 10:18:00 AM
From: Crossy  Read Replies (2) | Respond to of 2383
 
Zeev,
how right you are. I increased my holding in PROG today near $12.88. Stock down but volume is minimal. This is a good sign to me. Think retracement should be quite quick: for example PCCC which yesterday advanced from 21 to 25 is fell to 20 but then receovered to 24 in early trading..

Only techstock I see not tanking is QNTM - funny ..

best regards
CROSSY