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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: LTK007 who wrote (13087)12/13/2001 12:37:17 PM
From: All Mtn Ski  Read Replies (1) of 99280
 
Max,

It is amazing to me that we are only down 1.6% and that the NAZ recovered all it's losses yesterday. If CIEN was considered the 'class act' in the telecom space and they see a 30%-40% sequential decline in revs, the other players must really be in for some 'hurt'. The valuation for CSCO is appalling. When the market doesn't make any sense like this I just sit it out until it does, as frustrating as it is.

We should be down 3%-4% on the NAZ today, IMHO.

A-M-S
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