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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: John Pitera who wrote (55817)10/10/2000 8:40:24 PM
From: Techplayer  Read Replies (1) of 63513
 
John, It will definitely go lower at this point. the street looks ready to throw all of the good optical players out with a warning from arguably the worst. Reduced optical sales and vendor financing issues were the chatter in the post market commentary by CNBS. CIEN, CSCO, CORV and SCMR were specifically mentioned. I was surprised that the guy could name 4 other companies in the sector.

Between that, YHOO letting the world know that 40% of its business relies on dotcoms and MOT missing revenues by 5%, tomorrow looks ugly. BIOG had the only reasonable news after the market. We have a makeshift triple witching tomorrow....tp
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