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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (2777)	5/26/1999 5:20:00 PM
From: Paul Fine	Read Replies (1) \| Respond to of 14638

"Good news/Bad news": Well, another down day(3 in a row) for NT, while csco gained 4 pts. The overall market made a nice recovery, although tech stocks were mixed. That was the bad news. The good news is that the daily volume on all three down days was less than the daily volume on the big updays last week. Also, we are still at nearly $75 less than a month after we were trading in the $60+ range. I did say we would probably trade in the mid-high $70's after breaking thru $72 before we moved convincingly above $80. The move to nearly $80 came 3-4 weeks sooner than I expected, but the trading range projection is still valid. Might be a couple of weeks before we move out of it(barring some major announcement). As always, just one man's opinion. Paul