This is going to be an exciting week in tech land folks. The market desperately wants to buy them up, but interest rate fears are beating them back. Money has made a decided move out of the big names we have all loved like INTC, MSFT, CSCO, and DELL into secondary players. Is the big cap thing done? No, but its on hold as fundies are looking for more value in these unsettled times. We think tech overall will be in good shape this week and if the employment report doesn't hurt us we should be okay. Since money has shifted into some lesser known names, we like SONE to keep moving. We have followed them for some time and they appear ready to make a move. CTXS is a techie that has made us money in the past and seems ready to do it again. GMST gets a lot of attention over their programming technology and look good for more. NEON looks attractive, NTLI looks okay. VIGN appears to have bottomed out and is turning up, and this one can move well. MUSE made us money before and is going to again, MTIC is a tiny cap looking to explode. BRKT (another software company) is looking attractive here, ADTN is getting analyst attention, and CMVT who split for us a while back is poised to make a very nice move. LGTO keeps popping up as a likely mover, and watch little LNET. We featured them a while ago as a company with a big goal. They want to wire hotel rooms with plug and play internet for business travelers and there are a lot of hotel rooms out there folks. Friday they made a nice move and more could come. I always keep an eye on BRCM and BCST as they can really jump when the market lets them.
Memorable Plays: We suggested NSOL, CNET, and CMGI on 3/8/99 (+40), (+40), and (+47 1/2) respectively. Not to mention EPAY on 3/15/99(+21 57/64).
WHY GO SHORT Here is the address of a site that I've been following the last three weeks. It happens quick and I'm having fun. Thought some of you might want to check it out. http://www.inside-traders.com