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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Teflon who wrote (18617)3/23/1999 1:36:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
Here's the latest victim...

biz.yahoo.com

Starting to get the feeling that the street cannot find any bargains for their large clients as we set our sights on earnings season, so they're doing their best to bring home some bargains...

Teflon



To: Teflon who wrote (18617)3/23/1999 2:23:00 PM
From: Teflon  Respond to of 74651
 
Interesting insight for all...

Word has it that many of the earnings preannouncements that are being talked about WILL NOT HAPPEN. Merrill Lynch is finishing up its Telecom Conference this Friday and from what I understand, most, if not all, of the businesses presenting (e.g., LU) are providing much needed comfort with respect to the current quarter's performance.

I am not saying that CPQ and IBM will not preannounce, but I am saying that I think plenty of businesses within the tech sector will do fine. These comments were made to analysts, apparantly, and keep in mind that most of these companies are about to enter their quite periods. But this feedback is usually kept in house on the Street and is primarily shared with select, large institutional accounts. So all is not as bad as it seems...

Teflon



To: Teflon who wrote (18617)3/23/1999 2:33:00 PM
From: Gerald Walls  Read Replies (2) | Respond to of 74651
 
BTW, Cramer said in one of his columns today that he considered buying DELL this morning but didn't pull the trigger.



To: Teflon who wrote (18617)3/23/1999 9:11:00 PM
From: DownSouth  Read Replies (2) | Respond to of 74651
 
With tax season on us, we will see some cash coming in as folks put their $2,000 into their IRA before April 15.