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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?

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To: Carey Thompson who wrote (427)7/13/1999 2:44:00 PM
From: SJS  Read Replies (1) of 669
 
Big correction in the last 2 days. Care if I speculate?

1) Folks watched VTSS get hammered, and said they'd beat a path to the door before than happens to TXCC tomorrow at their earnings event.

2) Something in the earnings report could possibly be "off"? Not enought sequential growth, margins, revenue, whatever....

3) Stock is overextended, and there is some natural profit taking before options expiration...

Disclosure: I have a bear option ratio spread on.

Steve
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