Ask DrBob Message Board - Msg: 14473288

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who wrote (6799)	9/28/2000 12:23:31 PM
From: S.C. Barnard	of 100058

Dr. Bob: for all you've done for my peace of mind!!! I guess the Nasdaq may have seen the worst for the year, in light of the April correction- I think sellers may have gotten it out of their system with this correction- not as bad percentage wise as the April crash, even with tax selling which was likely to enhance this correction- I think it's pretty baked in now. small caveat: I'm an optimist. I like Corvis-(CORV) I have been selling and buying back lower. I think this new long range fiber optic product will be a highly desired product. The CEO was the CEO(?) of Ciena prior to this. I was also interested as they could be a buyout candidate by CSCO, JDSU or other optical companies. THey just recently ipo'ed a few weeks ago- but I am a lttle concerneed of the ipo shares locked up for release on 10/25. The are now at 63 as I type. I originally bought them at 79. One analyst on cnbc today said he sees the Nasdaq staying prettymuch where it is to the end of the year. I really have some trouble with this. Thanks!!!

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