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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (11418)8/31/1999 8:48:00 PM
From: xcr600  Read Replies (1) of 57584
 
Hi Rande.

Careful with GMGC. Numerous floorlesses with this one. Large short position is offshore so they aren't really worried as they hold the debenture. This one used to be good for some nice pops on news but the float has gotten so damn big.

DITC- looked at this one yet? Develops echo cancellation equipment for fibre optic networks. Nice float at 3mln. I blew it last week when it was 48 and I didn't get in. Looks to be basing a bit here 56-60.

Since I unfortunately have a job that keeps me from watching the markets, I have slowly been entering 1/2 positions lately. If the stock runs then I have 1/2 but if it drops more then I'll fill the other half. Were talking only quality HLIT,JDSU,BRCD,ADAP,DITC,BRCM to name a few. Not in all yet. Probably never will get all as the budget is limited <g>.

x

btw, looked at anything fibre channel related yet? Going to be a huge sector in the next two years if not sooner.
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