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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Iris Shih who wrote (23356)9/3/1999 12:26:00 AM
From: Clint E.  Read Replies (2) of 68216
 
Hi Iris. It was a good trip for the company but only so so for me. I loved the weather & food but hated being away from the net.

>>>CCrd....What's the story here?

I was watching CNBC's ticker on Wed. morning(one advantage of living in CA is that you can catch a couple of hours of market action before going to work) and saw a few block trades(15.000s39) so I bought 1k shrs. They sell network management & diagnostics software to fortune 2000 companies and service providers (aol/t/mci). The big fish is INSS that is being acquired by LU.
CSCO, COMS, & MUSE are also competitors. NTCT(recent IPO) is also in the same space.

The stock got hammered after INSS/LU announcement and has been trading below its PEG. I really don't know if this is a real threat/issue but is something that should defenitely be checked into.

Watching it a bit today, I got the impression that they are trying to "lift" the stock but I could be 100% wrong so anybody who is interested should get in at her/his own risk.

Clint
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