Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who wrote (985)	5/24/2001 12:16:08 AM
From: farmersue	of 6873

Michail, re: SCMR...I shorted a couple of time and covered for tiny profits due to buying strength last week. Had an interesting conversation with some business travelers tonight that work for a company that builds equipment for SCMR, CIEN, LU and others. Was asking them about how reduced telecom capex budgets were affecting them and they said SCMR is canceling orders like crazy while, of course, they are grateful that CIEN hasn't pulled back too much. Maybe the longs will back off over the next couple days and we'll have some success here...

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