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


To: Johnny Canuck who wrote (20180)3/10/1999 1:14:00 AM
From: Clint E.  Respond to of 70338
 
Hi Harry.

I think one reason that these stocks are in the dumps is because nobody knows how Y2K spending will be cutting into their revenue this year. Perhaps this slower-than-expected sales to corp. accounts is also adding to the confusion.

Clint



To: Johnny Canuck who wrote (20180)3/10/1999 9:55:00 AM
From: mattie  Read Replies (1) | Respond to of 70338
 
Harry I have 1 short; JCP for what its worth. Declining revs and earnings and low RS = good short.



To: Johnny Canuck who wrote (20180)3/10/1999 3:17:00 PM
From: dppl  Read Replies (1) | Respond to of 70338
 
I bot MAST today at 17 3/4 and 18. The point is that these companies can move people around according to demand and I can't see IT going down that much. We'll see but I think it's a buy at these levels - just as WIND was around 20 and probably still is.

I was short ADBE but covered this AM.. I see a market that's consolidating here - not toppy yet.

Thomas



To: Johnny Canuck who wrote (20180)3/11/1999 7:08:00 PM
From: Lachesis Atropos  Read Replies (1) | Respond to of 70338
 
Hi Harry,

Would the fear of y2k litigation be the cause of the outsourcing stocks falling. Or perhaps many software companies have announced code freezes unit 2000. Either case would have an impact on the outsourcing sector. MCI WorldCom has announced a soft code freeze date on June and a hard freeze date on October. I am sure other companies have similar dates.

Lachesis