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extelecom

01/18/03 10:26 AM

#66276 RE: Zeev Hed #66273

Zeev, Don't I remeber you changing the targets in your 1st 6mos. forecast. by about 100 points?
"I have the first leg down as a decline from 1537 to 1263 by 3/19." I think you lowered the upper target, but did you lower the lower target also?

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Babylon

01/18/03 12:18 PM

#66303 RE: Zeev Hed #66273

Oh sure, now change it from Grand Nassacre, to the '03 Nassacre. Bullish! <g>

Hey, I think I saw you write something about how MSFT could be considered a core position at or around $40 (the lows in the market offered it at that price just a few months ago).

Anyway, I wanted to ask you when (if?) you think it might be available again at that price? TIA.

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leon

01/18/03 12:42 PM

#66307 RE: Zeev Hed #66273

zeev, i see pretty much the same initially but i'd be surprised if we took out 1400 comp or 1030 or so ndx. as you said, pretty good comp support in the 1346 area but if/when that goes 1325 s/b next up. as for the ndx,probable fight in the 995-1005 area first and if/when that goes next tgt. s/b about 975. one further thought, in viewing my sentiment indicators and attempting to project foward, my best guess at this point would be an attempt at a rally beginning late in the week; thursday seems about right. anyway, the next few weeks s/b interesting to say the least. LEON