TranSwitch Corp: Will they get Zenith Business? Message Board

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

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To: Beltropolis Boy who wrote (432)	10/9/1999 12:39:00 AM
From: SJS	Read Replies (1) of 669

Hi Chris... Honestly, I had the order set to go and I was watching for an entry point. It had stabilized around 49.5, so I almost pulled the trigger at 49.5 for a wad in mid-afternoon, but it got soft on me (sellers moved in......) and I thought that the shrapnel was still flying, so I chose to wait. In hindsight, which is always perfect......I should have bought some, because after a technical review, I think the downside is minimal. It's at the 50 day (slightly under) NOW with this 9 point drop, and I think.......ready to buy. At least Merrill thinks so, because it made a NT and LT recco on TXCC and AMCC after the close Friday. Oh well...it will probably run Monday (if AMCC's earnings on Monday are good) and now I'll have to chase it! AMCC is the first reporter of the three (PMCS, AMCC and VTSS) and we'll need to watch how they do and how it's guidance is received. That will be a defining moment, although each stock is different and the reaction is different. I sold my AMCC yesterday at 72, and daytraded it today. You, TD and Dozer are my hero's on the "feeds and speeds" questions....so I'll be honest and say I don't know. Stay well.. Steve

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