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To: Al Serrao who wrote (17271)3/11/1999 11:40:00 PM
From: Zeev Hed  Read Replies (3) | Respond to of 93625
 
Al it is rapidly coming to the $79 level you have mentioned, but now we start and see heavy selling in the $76 to $77 area. We have been returned twice from there. NMy general scenario is still intact, we are in the midst of the rally preceding the "Spring Relapse", the tech and particularly the semi, are not very strong leader. The rally is very narrow (almost the same number of new lows as new high when the DOW and S&P hit a record day), the AD was far from stellar, I would say that my target of $49 has greater chances to be reached than it had when the stock briefly breached $61.

Zeev