To: Stock Watcher who wrote (6043 ) 4/10/1999 4:50:00 AM From: hoffy Read Replies (1) | Respond to of 52051
<<<<<<What's in crystal ball for next week ? >>>>>>>>> Hopefully more of the same. But the news by CPQ after the bell on Friday could make Monday a very interesting day. DELL, INTC, CPQ, IBM, AAPL, GTW will all be affected. Most were trading down several points after hours on Friday. It could pose some buying opportunities although I would stay away from CPQ for a while. This week there are some big companies reporting earnings such as INTC and MOT, which if they report decent earnings, as expected, the tech sector could rebound. There are also 4 or 5 Dow components that report this week. They need to show good earnings to add fuel to the recent run by the markets. I would like to see IATV form a base here in the low 20s. The buying has come from Institutions so the recent rise should not be a flash in the pan fueled only by day traders. SFE should continue to do well at least into Wednesday when they have their conference call. Then it all depends on what they say. I know investors would like to hear a stock split is coming. GRPV was very strong all last week. Over a million shares traded every day with a steady rise. I would expect something to be released shortly (probably their 10K, which is due). BTW, I am not always clairvoyant. I loved IDTC and PCNTF several weeks ago. I got in IDTC at 12 and sold at 15 when I got alittle worried about the stock. Now it's 30. I bought PCNTF at 30 and sold at 32 when they seemed stagnant. Now it's 70. I also bought PSIX months ago when it was 16 and sold at 19, when they announced they would be losing 200 million/year for the next 2 years. Now it's in the 50s.