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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: accountclosed who wrote (33435)	4/14/1999 11:47:00 AM
From: John Pitera	Read Replies (2) \| Respond to of 86076

I like this answer better than mine, 127.0.0.1:3456/SI/~wsapi/investor/reply-8912005

To: accountclosed who wrote (33435)	4/14/1999 11:54:00 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 86076

Things are smelling bad in Tech Land- Fm IQC.com >> Technology and Earnings Technology earnings are mixed, so far we have not seen earnings take a direction. Tuesday Intel (Nasdaq: INTC) reported better than expected while Compaq (NYSE: CPQ) is looking to report less than half of expected. While Compaq reporting a slow down in PC sales Hewlett Packard reports strong demand and sales for PC's. Analyst are looking for guidance from Dell Computer as to the demand for the PC's on high end as well as the low end. We expect the technology sector to continue to come under pressure. We will monitor the earnings releases and alert our subscribers and visitors to any meaningful developments. Semiconductor Index We pointed out last week that Semiconductor Index (Sox) challenging its 52-week high and the likelyhood of it breaking through the overhead resistance is very slim. Since our last update SOX has pulled back 40 points or 9.5%. Tuesday SOX closed at 379.7. we believe SOX is about to test an important support around 370. If it breaks through that support our next downside target is 350 - 352 area. We will follow up on this as the markets pullback. See Chart <<