SI
SI
discoversearch

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.
Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Wang who wrote (7375)4/15/1999 10:40:00 AM
From: Howard Feinstein  Read Replies (2) | Respond to of 21876
 
Daniel, This all looks like a been there, done that scenario! Every year at this time during and after first quarter earnings money rolls out of techs and into cyclicals,commodities or anything else! Look at all the high techs this week, and tell me money isn't rolling out of them! Techs are great money makers but definitely not in favor here. They will be back big time, but I don't think their turn will come until the September or so time period. Happens every year. Gimme' a break....Home builders, paper, Alcoa, etc.....Are you kiddin' me.....Investors reachin' for place to put money. Tech fundamentals not a factor here, just money going elswhere! OMHO Howie



To: Daniel Wang who wrote (7375)4/15/1999 2:52:00 PM
From: Cents  Respond to of 21876
 
Does anyone have the latest insider trading info? From Yahoo and InsiderTrader, I see no selling for 1999 so far, but I do see lots of exercising of options (probably in anticipation of the release of great #s).

I think that we'll have a good earnings week....why else would management preannounce good earnings? They probably want the good news to be reflected in the stock price by then. At least mid 60's is my guess for next week, and then possibly higher from there. It'll all be in the conference call.

Cents