Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (10532)	4/11/1999 1:40:00 AM
From: g_m10	Read Replies (1) \| Respond to of 99985

everyone knew that CPQ was having troubles and estimates were lowered ... Also MUEI missed ... and IBM just last week admitted they had been losig 1 Billion dollars trying to sell PCs. I agree with you, but the market already knows that. I was just trying to say that not to much downside left for CPQ. This should affect chip makers, PC based software, disk drive makers,etc. Many of them have already been trashed mercilessly. WDC is just one of them. iqc.com Again, market can always go down. CPQ warning might be used as an excuse for that. I was just trying to make the point that it is hardly a big surprise for the market. DELL just had an analyst meeting and even the smooth talking MD couldn't spur a rally in DELL which fell 3 days in a row. You can't blame the guy. With growth 35% and falling he keeps P/E=85 and rising.<ggg> On the serious note, my gut feeling is that this time around DELL will be hit the hardest. I still feel the most important question for Monday is will the money leaving the PC related stocks go into other sectors or go to cash for a later rally. I couldn't agree with you more. Again, JMHO.

To: Lee Lichterman III who wrote (10532)	4/11/1999 11:17:00 AM
From: bobby beara	Read Replies (2) \| Respond to of 99985

>>>emerged from the river De-Nial<<< -ggg- Dear Befuddled, Darn, when Dell touched the year long channel line (sans blow top late Jan) on Bradley Day April 6th, in hindsight I shoulda gonna thermo on Dell at 80 p/e -g- I just couldn't figure out the pattern. Now looking at it we have an angled H&S pattern with a whole bunch of left shoulders coming up from early 98 and two right shoulders after the bubble top. I read recently there is a company that is giving away computers to sign up customers to internet access. I saw a M.D. interview shortly after earnings problem and I felt he was being elusive, that must have shown thru at the recent conference, another clue. I'm still seeing some upside in some internet charts, so I think some money may transfer into sunw, csco, lu and selective nutz and drive that bubble higher. Besides the fib relationship on April 8th of 610 days from August 97 top, we are coming up on fibonacci 89 weeks from that top April 21st. We seem to be getting a broadening top with stocks all topping out at different times, very befuddling. Tomorrow is the anniversary of the Titanic Sinking, just another titanic indicator going off -ggggggg- befuddled jr. -g-