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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (26219)	4/11/1999 11:56:00 AM
From: Glenn	Read Replies (1) \| Respond to of 90042

I smell a bargain coming. You might get dell at 35 tomorrow. If so, I say jump on it. This thing seems to repeat. Look at Oct 5 chart. Glenn

To: Tim Luke who wrote (26219)	4/11/1999 12:11:00 PM
From: MARK C.	Respond to of 90042

We may have to start looking for more of these companies. It looks like acquisitions will continue to be the name of the game. jmho, MarkC. Sprint Bought Stake In Wireless Cable TV Company Saturday April 10 12:59 AM ET NEW YORK (Reuters) - Sprint Corp. (NYSE:FON - news) has acquired a $15 million stake in People's Choice TV Corp. (OTC BB:PCTV - news), a wireless cable television company whose license may represent a way for the No. 3 U.S. long-distance company to reach customers without going through local phone networks. Sprint's purchase, revealed in a recent regulatory filing, followed a similar move by its rival, MCI WorldCom Inc. (Nasdaq:WCOM - news), the No. 2 U.S. long-distance company. MCI WorldCom last month spent about $200 million to $300 million to buy the bonds of People's Choice and three other small wireless cable companies, sources familiar the situation said. Sprint on April 5 acquired 497,405 shares of People's Choice preferred stock for $15 million, according to a U.S. Securities and Exchange Commission filing submitted Thursday by People's Choice. Sprint also has options to purchase additional stakes in People's Choice in two installments valued at $4.5 million and $3.9 million, respectively, the filing said. People's Choice was not immediately available to provide additional details. Sprint declined to comment. Analysts said both Sprint and MCI WorldCom appear to be quietly seeking ways to gain access to the wireless licenses controlled by People's Choice. The long-distance companies want to bypass the Baby Bell's local phone networks and find their own direct connection to the homes and businesses of their customers. The wireless licenses controlled by People's Choice and other wireless cable television companies would allow Sprint and MCI WorldCom to bridge the gap between their long-distance network and their customers, analysts said. People's Choice and its peers control wireless spectrum called MMDS (multichannel multipoint distribution service), which uses microwave frequencies to provide television service. Technological difficulties and production problems have hobbled the wireless cable industry's efforts to compete successfully against the traditional cable TV providers. Many of the wireless cable companies filed for bankruptcy, but their licenses would be lucrative to the long-distance companies, analysts said. Sprint stock finished Friday unchanged at $108.75 in composite trading on the New York Stock Exchange. People's Choice's stock ended up $1.84375 at $6.125 in over-the-counter trading.

To: Tim Luke who wrote (26219)	4/11/1999 12:44:00 PM
From: Nazbuster	Read Replies (2) \| Respond to of 90042

Tim, I had a 1/2 hour argument with my Aunt's full-service broker in NY a few weeks ago when I saw she bought Dell in my Aunt's account at 100 (pre-split) when it pulled back from 110. I objected. Her thinking is that Dell is a premier company, she's made a lot of money for her clients on it, and that it will recover to new highs. My thinking is that she's living in the past. The PC industry has finally reached a point where Dell will no longer be able duplicate the growth rate they have had in the past. The advent of under $1000 PCs has put price pressure on the market. Consumers are looking for bargains. Other vendors are moving to build-to-order. In the enterprise market, CPQ will make progress as a result of having existing relationships via DEC. DEC/CPQ can provide in-house service whereas Dell is strictly 3rd party. Personally, I'm not likely to touch either stock having been burned before investing in companies whose products become "commodities" and subject to extreme price pressure. I wish all the longs well, but I think even Dell's chart looks like it will have trouble piercing the old high. It really looks to be starting a downtrend. The next few weeks are critical for the stock. It has to pierce through 55. Here is a summary of recent analyst ratings... Not exactly targeting a price of $150: nordby.com I find this one especially interesting, since this is my Aunt's broker's firm: 2/12/99 Salomon Smith Barney reiterates neutral-high risk, comfortable with estimates, increased competition on large corporate accounts could hurt revenue, EPS due on 2/16

To: Tim Luke who wrote (26219)	4/11/1999 1:00:00 PM
From: Tim Luke	Respond to of 90042

Sunday April 11, 10:56 am Eastern Time WRAPUP-India tests missile, ready to face threats By Sanjeev Miglani NEW DELHI, April 11 (Reuters) - India said on Sunday it had successfully test-fired an upgraded, longer-range version of its Agni ballistic missile, ending a five-year period of restraint on the controversial weapon. The move was immediately condemned by India's arch-rival Pakistan as a threat to its security and prompted expressions of concern from Japan, Britain and the United States. The nuclear-capable Agni, with a range of over 2000 km (1,250 miles) was now an operational weapon system, Defence Minister George Fernandes said. It was launched from an island off the eastern Indian coast at 10:00 a.m. (0430 GMT). ''I believe we have reached a point where nobody from anywhere can dare to threaten us,'' Fernandes said at a news conference where a video clip of the missile's flight was shown. Prime Minister Atal Behari Vajpayee said the test was an act of self-defence. ''As was the case with the nuclear tests...last year, the test-firing of Agni missile is also a purely a defensive step...India remains committed to minimum deterrence,'' Vajpayee said in a broadcast to the nation. Pakistan reacted angrily to the test-firing, warning that it might respond. ''The development of Agni II adds to our concerns and threat to our security,'' a statement by a foreign ministry spokesman said. Pakistani Foreign Minister Sartaj Aziz told Reuters: ''Since they have gone ahead, we would probably have to respond, but we will make a decision in a day or two. Most probably we would have to give a befitting response.'' Military analysts said India was on course to build a credible nuclear deterrent after its controversial underground nuclear explosions last year in the Pokhran desert of Rajasthan. ''Pokhran was where they tested the weapons, now they are testing the delivery mechanisms,'' nuclear affairs expert G. Balachandran said. Japan's foreign ministry said in a statement it was ''truly regrettable that India conducted a missile testing on April 11 despite the repeated requests made by Japan against it.'' Japan led world condemnation of India's resumption of nuclear weapons tests last May and of Pakistan's tit-for-tat tests a few weeks later. In Washington, White House spokesman Nanda Chitre said the United States regarded the test as ''out of step'' with regional political developments. A British Foreign Office spokesman in London said Britain believed ''restraint in developing missiles and nuclear weapons is in India's long-term interest.'' There was no immediate response from China. The Agni II is seen as a potential deterrent to India's nuclear-armed neighbour to the north. A spokesman for Vajpayee told reporters New Delhi had given Islamabad a day's notice of its plan to test the upgraded version of Agni. The Pakistani spokesman said Islamabad had been informed two days ago after a query by its ambassador in New Delhi but was not told of the time or date. The new version of Agni was powered by solid fuels making for greater mobility and range than the liquid fuels that were used in three earlier flights, defence officials said. Government officials denied the missile test had anything to do with the crisis gripping the ruling coalition led by Vajpayee's Hindu nationalist Bharatiya Janata Party (BJP). ''This has nothing to do with domestic politics, it was planned,'' Information and Broadcasting Minister Pramod Mahajan said. Agni, named after the Hindu god of fire, was last tested in February 1994. Successive Indian governments had since been accused of mothballing the project under international pressure. But Vajpayee's government cleared plans for the development of its second phase. ''The government has twice proved in one year that as far as national security is concerned they will not budge,'' said Mahajan.

To: Tim Luke who wrote (26219)	4/11/1999 1:04:00 PM
From: Tim Luke	Respond to of 90042

techstocks.com

To: Tim Luke who wrote (26219)	4/12/1999 1:13:00 AM
From: Stephen	Read Replies (1) \| Respond to of 90042

Tim, despite all the 'good news', Michael Dell gave an earnings warning at the analyst meeting. He basicly said forget any whisper numbers ... we are looking to meet estimates. With twenty days still to go in the last month of the qtr .... I feel that is a telling statement ...(yes, I know many of these companies play the game) ... and whilst there might be a trade or two ... and M. Dell will create news to prop-up the stock price, I wouldn't advise anyone to go long Dell as an investment. I think the writing's on the wall ... and despite their suprior business model, anyone who ignores it is taking a bigger risk than the likely reward as far as the box makers are concerned. JMHO Stephen