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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (4674)4/7/1999 9:20:00 AM
From: Neil H  Read Replies (1) | Respond to of 10309
 
ALL

WIND is not the loan ranger in losing value. Look at this list form Briefing.com Looks like the industry(except MSFT) is under siege.

Computer Software & Services

Software group stunk up the joint again Tuesday... If you ever
wanted evidence that momentum swings both ways need look no
further than stocks such as Network Associates (NETA 21
15/16 -7 1/2), Keane (KEA 18 15/16 -15/16), CompuWare
(CPWR 19 7/8 -1 7/8), BMC Software (BMCS 32 1/4 - 9/16)
and Oracle (ORCL 23 11/16 -1 5/8)... Stocks off their 52-wk
highs by 68%, 69%, 50%, 46% and 42%, respectively.

Only stock to escape the wrath of bears was Computer Sciences
(CSC 58 5/8 +2 3/4).. No news of note, but stock has had
troubles of its own lately as it is 22% off its high..

Patient investors willing to ride out near-term trouble spots likely to
be well rewarded in a number of these stocks as current fears
exaggerate potential earnings troubles... But considering this is a
momentum market and the momentum here stinks could be awhile
before stocks come back to life.

Regards

Neil